What HK SFC Virtual Asset Trading Platform (VATP) Licensing - Securities and Futures Ordinance requires
Hong Kong's Securities and Futures Commission (SFC) introduced a mandatory licensing regime for Virtual Asset Trading Platforms (VATPs) under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), effective 1 June 2023. All platforms facilitating virtual asset trading in Hong Kong or targeting Hong Kong investors must hold an SFC VATP licence. Licensees must maintain minimum liquid capital of HKD 3 million, segregate client assets, implement robust cybersecurity, and restrict services to professional investors and eligible retail investors based on suitability assessments.
Pillar: Crypto & Sovereign Finance · Authority: Securities and Futures Commission (SFC) Hong Kong · Version: 1.0.0 · Last updated:
Primary source: https://www.sfc.hk/en/regulatory-functions/intermediaries/licensing
SHA-256 integrity: 6012c10aaa0a241ca2152dbac907e0ada8ab6a03a0d3f01cd75cb812c5581fbc
Primary Citations — 5 traced to source
- Licensing requirements, fit and proper, client asset protection — SFC Guidelines for Virtual Asset Trading Platforms (VATP Guidelines)
- VATP licensing regime provisions effective 1 June 2023 — Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) Cap. 615
+ 3 more citations (full bibliography, deterministic workflow, actionable schema and crosswalks) included in the vault unlock — $0.01 via Skyfire / L402 / Direct Base USDC.
Access
- Discovery (free): /api/v1/nodes/hk-sfc-virtual-asset-trading-platform-vatps-licensing-requirements.json — 6-field metadata
- Vault (full node): /api/v1/vault/nodes/hk-sfc-virtual-asset-trading-platform-vatps-licensing-requirements.json — full 13-key payload, $0.01 USDC (L402/Skyfire/Direct Base)
- Canonical URL: https://bidda.com/intelligence/hk-sfc-virtual-asset-trading-platform-vatps-licensing-requirements
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