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The new licensing regime for virtual asset service providers (VASPs) will significantly impact the virtual asset industry in Hong Kong. Once in force, any person who seeks to carry on a business of providing a virtual asset service (currently limited to operating a virtual asset exchange) will be required to apply to the Securities and Futures Commission for a licence.
On Tuesday, 23 August 2022 from 1pm to 2pm (Hong Kong/Singapore time), our Asia Financial Services Regulatory Partners, Hannah Cassidy and Natalie Curtis, will be joined by Prosynergy Consulting Limited’s Managing Director, Louie Lee, ARTA TechFin Corporation Limited’s CEO (Blockchain Finance), Simon Au Yeung, and MaiCapital Limited's Managing Partner, Marco Lim, to provide an update on the new VASP licensing regime and discuss the practical issues for operators in the virtual asset industry under the new licensing regime.
To register for this webinar, please click here.
Participants are encouraged to send across any questions in advance to us by email at [email protected].
See our briefing on the Hong Kong licensing regime for VASPs here.
Key contacts
Karen Anderson
Consultant, London
Susannah Cogman
Partner, London
Elizabeth Head
Of Counsel, London
Marina Reason
Partner, London
Kelesi Blundell
Partner, London
Hywel Jenkins
Partner, London
Chris Ninan
Partner, London
Jon Ford
Partner, London
Clive Cunningham
Consultant, London
Simone Hui
Of Counsel, Hong Kong
Chee Hian Kwah
Director, Prolegis LLC, Singapore
Valerie Tao
Knowledge Lawyer, Hong Kong
Cat Dankos
Senior Regulatory Consultant, London
Disclaimer
Herbert Smith Freehills Kramer LLP and Prolegis LLC have established a Formal Law Alliance licensed by the Legal Services Regulatory Authority of Singapore known as Herbert Smith Freehills Kramer Prolegis Alliance, with Singapore law advice provided by Prolegis LLC. The two firms cooperate closely in Singapore to deliver a complementary and seamless legal service.