Regulatory Compliance for VATP
概要
This eSeminar is a recorded session of the "Regulatory Compliance for VATP" webinar held on 10 June 2025.
During this session, Mr Donald Day, COO of VDX, provides vital insights into Hong Kong's emerging regulatory landscape for VATPs covering both global and local perspectives. He covers key areas of SFC focus and regulatory compliance throughout the VATP trade lifecycle, emphasising investor protection and risk management,including compliance with AML/CFT, token governance, and client assets safeguarding.
Note: This course is an elective module in the Certification Programme for Virtual Asset Professionals (CVAP). Participants must complete TWO elective modules. If you have not enrolled in another elective, please refer to the 'Elective Modules' section on the programme page for a list of available options. The CVAP Core Curriculum must be completed BEFORE taking any elective module.
宗旨
By the end of the eSeminar, you will be able to:
- Define key regulatory terms and structures for VATPs and VASPs in Hong Kong and globally
- Compare Hong Kong's regulatory approach with those in the EU, UK, US and ME
- Identify the SFC's main areas of regulatory focus
- Map the full trade lifecycle and link it to compliance and risk controls
- Apply regulatory expectations to day-to-day decision-making in a VATP
內容
- Common terminology and definitions
- Regulatory developments and current status
- Key areas of SFC focus in VATP/VASP regulation
- Trade lifecycle in a VATP context
對象
This course is designed for senior VATP management, financial practitioners in VA activities, asset managers, and sophisticated professional investors.
導師/講者
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.