Fintech/Virtual Assets
[Webinar] Regulatory Compliance for VATP
Overview
With Hong Kong positioning itself as a global hub for virtual assets (VAs), the introduction of the licensing regime for virtual asset trading platforms (VATPs) under the SFO and AMLO marks a significant regulatory milestone.
This course aims to provide you with essential understanding of the regulatory landscape for VATPs, with a focus on key regulatory frameworks and approaches to investor protection and risk management. It will explore key compliance areas such as token governance, AML/CFT, and safeguarding client assets, while addressing practical considerations for navigating the VATP trade lifecycle.
Content
• Regulatory developments and current VATP/VASP regulations in global and local perspectives
• Key areas of SFC focus in VATP/VASP regulations
• Regulatory compliance during the trade lifecycle in a VATP Context
- Onboarding and KYC/AML
- Token listing and market admission
- Order placement and execution
- Clearing and Settlement
- Post-trade activities
- Risk management
Who should attend
This course is primarily targeted at senior management of VATPs, including their responsible officers, managers-in-charge, directors, CIOs, COOs, CEOs, etc.
It is also applicable to financial practitioners carrying out VA-related activities, asset managers, brokers and traders and sophisticated professional investors who may consider investing in virtual assets.
Speaker/Course Instructor
As COO, Donald is directly responsible for leading the license application process and liaising with regulators. He also oversees the development and execution of business strategies, maintains key relationships with vendors, partners, and clients, and builds a strong team to successfully operate the platform. Donald is a co-founder of CFAAR, a not-for-profit organisation that provides education and guidance to legal professionals and the wider market on crypto fraud cases and related asset recovery.
Previously, Donald served as the Subject Matter Expert for Digital Assets, including cryptocurrencies, at the SFC. In this role, he helped design Hong Kong's regulatory framework, terms, conditions, and guidelines for virtual asset fund managers and trading platforms. He also led the supervision of virtual asset fund managers and trading platforms.
Before joining the SFC, Donald co-founded Bletchley Park Asset Management as Partner and CTO. He was instrumental in establishing the organisation, including setting up trading platform connectivity, crypto custody, and treasury operations. He also opened offices in Hong Kong and Jersey, led systematic portfolio management, and automated arbitrage strategies. Earlier in his career, Donald worked on the sell-side and buy-side as a Quantitative Strategist and Trader for companies including Deutsche Bank and Segantii. He started his career as a Manager in the Capital Markets practice of Accenture, where he designed trading systems for global exchanges in Europe and the Asia-Pacific (APAC) region.
Donald holds an MBA (Finance) from London Business School and a Master in Computer Science (Artificial Intelligence) from LMU University Munich. Donald was appointed Adjunct Assistant Professor at The Chinese University of Hong Kong, where he teaches a course on FinTech and RegTech topics.