In preparation for the new dual licensing regime for virtual asset trading platform operators (“VATP Operators”) under the Securities and Futures Ordinance (Cap. 571) and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615) which came into effect on 1 June 2023, the SFC published its Consultation Conclusions on the Proposed Regulatory Requirements for Virtual Asset Trading Platform Operators Licensed by the Securities and Futures Commission on 23 May 2023 in respect of the regulatory requirements applicable to VATP Operators.

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