Circular to intermediaries: Distribution of virtual asset funds

Phone: 650.723.2465
Fax: 650.725.0253

Type: Regulation
Date: 11/01/2018
Agency: Securities and Futures Commission
Jurisdiction: Hong Kong
Type of Law: Guidance
Status: Existing
Official URL: External link

This circular provides guidance on intermediaries licensed or registered for (i) Type 1 regulated activity (dealing in securities) or (ii) Type 9 regulated activity (asset management) to the extent that these intermediaries are engaged in distributing virtual asset funds under their management about the existing regulatory requirements and also provides guidance on the expected standards and practices in relation to the distribution of virtual asset funds.