Hong Kong
BlockTempo
Hong Kong SFC and AFRC Sign MoU! Crypto Licensees' Financial Reporting and Audits Fully Brought Under Regulation
- The SFC and AFRC signed a new MoU to strengthen regulatory cooperation over licensed virtual asset service providers (VASPs).
- The agreement extends oversight of financial reporting and audit practices to crypto-licensed firms operating in Hong Kong.
- The move signals tighter integration of crypto licensees into Hong Kong's broader financial compliance and audit regulatory framework.