Fintech Series

[Webinar] The SFC’s Regulatory Approach to Virtual Assets

New Seminar


Over the past few years, the Securities and Futures Commission (SFC) has introduced a new regulatory framework for virtual asset (VA) funds and exchanges, and clarified its regulatory requirements through the issuance of circulars and statements.

In this webinar, Ms Clara KL Chiu will provide details about the SFC’s regulatory framework and the relevant regulatory requirements in relation to VA trading platforms, VA funds and other VA activities. She will also share her observations on VA landscape as well as the latest regulatory developments in overseas jurisdictions.


Participants will be able to gain a thorough understanding of the SFC’s regulations on various VA activities.


1. Overview of SFC’s regulatory approach to VA
2. Regulatory framework for centralised VA trading platforms, and other VA activities, such as VA fund management & distribution, and security token offerings
3. Hong Kong Government’s proposed legislative framework for regulation of centralised VA exchanges under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance
4. Comparison on regulation of VA in overseas jurisdictions

Who should attend

This course is primarily targeted at fund managers, VA trading platform operators and professional investors who may consider investing in virtual assets. It is also applicable to in-house counsel, compliance staff, IT staff and senior management such as responsible officers, managers-in-charge, directors, CIOs and CEOs of financial institutions.

Financial Incentive Scheme of the WAM Pilot Programme

This is one of the eligible courses / seminars under the Financial Incentive Scheme (“The Scheme”) of the WAM Pilot Programme.

Eligible in-service practitioners of the financial services industry could apply for a reimbursement up to 80% of the course / seminar fees, or a maximum of HK$10,000 per person throughout the period of 1 October 2016 to 31 March 2023 upon satisfactory completion.

Each individual may apply for reimbursement for more than one course / seminar subject to a maximum of HK$10,000 but each course / seminar can only be reimbursed once.

The duly signed application form together with the FIVE supporting documents must be submitted within FOUR months from the last day of the course / seminar attended. Please refer to the WAM Pilot Programme website for more details.

WAM Pilot Programme Special Requirements

If you plan to apply for reimbursement under the Financial Incentive Scheme (FIS), please ensure your device/computer has the camera feature or with webcam installed as you are required to turn on your camera throughout the webinar.

Speaker/Course Instructor

Clara CHIU
Clara KL Chiu is the Director of Licensing and the Head of Fintech unit of the Hong Kong Securities and Futures Commission (SFC). She oversees the SFC Fintech Contact Point, formulates Fintech policies and drives regulatory reforms. She also supervises licensing process including applications of Fintech companies and traditional financial institutions.

Clara is a qualified solicitor in Hong Kong, and England and Wales. Prior to joining the SFC, Clara worked in international law firms practising commercial litigation and regulatory advisory work. Previously, Clara also worked in the Intermediaries Supervision Department of the SFC.

Clara is an ex officio member of the SFC Fintech Advisory Group. She is also a Board member of the Hong Kong Securities and Investment Institute.


Date & Time
Tuesday, 17 Aug 2021 (12:20PM - 1:20PM)
Virtual Platform
New, Seminar
SFC:1.00, PWMA:1.00