Aaron Dauber

Apr 3, 2024 | globalcompliancenews.com | Karen H.Y. Man |Grace Fung |Samantha Lai |Aaron Dauber

In briefOn 12 March 2024, the Hong Kong Monetary Authority (HKMA) issued a press release announcing the launch of its new stablecoin issuer sandbox arrangement (“Stablecoin Sandbox”). The Stablecoin Sandbox is another step following the legislative proposal to implement a new regulatory regime for stablecoin issuers.1 The Stablecoin Sandbox will facilitate communications between the HKMA and interested stablecoin issuers to gauge the expected regulatory standards.

Mar 22, 2024 | lexology.com | Karen H.Y. Man |Grace Fung |Samantha Lai |Aaron Dauber |Erin Cao

On 12 March 2024, the Hong Kong Monetary Authority (HKMA) issued a press release announcing the launch of its new stablecoin issuer sandbox arrangement ("Stablecoin Sandbox"). The Stablecoin Sandbox is another step following the legislative proposal to implement a new regulatory regime for stablecoin issuers.1 The Stablecoin Sandbox will facilitate communications between the HKMA and interested stablecoin issuers to gauge the expected regulatory standards.

Nov 14, 2023 | lexology.com | Karen H.Y. Man |Grace Fung |Samantha Lai |Aaron Dauber |Ruby Chan

In briefOn 2 November 2023, in support of financial institutions' growing interest in tokenising traditional financial instruments and distributing them to their clients, the Securities and Futures Commission (SFC) issued its Circular on intermediaries engaging in tokenised securities-related activities ("Tokenised Securities Circular") to provide clarity on regulatory expectations for intermediaries engaging in tokenised securities-related activities.