Non-EU Regulators
Securities and Futures Commission (Hong Kong) (SFC)
Hong Kong securities regulator — runs the VATP licensing regime for virtual-asset trading platforms from 2023.
Definition
The SFC is Hong Kong's securities and futures regulator. Hong Kong's VASP regime under Cap. 615 AMLO covers VATP (Virtual Asset Trading Platform) licensing — substantive licensing for exchanges with retail access permitted under conditions. Strict but accessible substance.