Hong Kong FSTB finalises principles for regulating virtual asset service providers and other AML/CFT regulatory enhancements

The Financial Services and the Treasury Bureau (FSTB) has recently published the conclusions to its consultation on proposals to enhance anti-money laundering and counter-terrorist financing (AML/CFT) regulation in Hong Kong, via amendments to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO). Continue reading