深潮TechFlow|Feb 21, 2026 02:31
[The Hong Kong Securities and Futures Professionals Association Calls for Suspension of the Implicit Policy Enforcing Virtual Asset Practitioner Examination Requirements]
According to Deep Tide TechFlow on February 21, as reported by Hong Kong media outlet Orange News, the President of the Hong Kong Securities and Futures Professionals Association, Chen Zhihua, disclosed in an article that the virtual asset industry in Hong Kong is facing an unexpected 'compliance storm.' Practitioners in related businesses have reported encountering perplexing regulatory requirements during the process of applying for virtual asset-related business qualifications. The existing written policy requires an additional 5 hours of Continuing Professional Training (CPT). However, the latest requirements have not been issued through formal written documents or public guidelines but have instead been quietly communicated to license upgrade applicants through verbal or individual email notifications without any prior warning. These notifications state that all Responsible Officers (RO) involved in license upgrades, including those who have already obtained upgrade qualifications, must pass a virtual asset regulatory examination conducted by a designated single institution. This near 'invisible' directive approach undermines the transparency and fairness expected of regulatory bodies.
Chen Zhihua suggests maintaining the original requirement of an additional 5 hours of Continuing Professional Training (CPT) and urges regulatory authorities to immediately suspend the enforcement of examination requirements through implicit policies.
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