During a panel discussion at Hong Kong Fintech Week 2024 on October 29 at the Asia World-Expo, the audience heard about the important role that financial technology is playing in global capital markets.
Elizabeth Wong, director and head of fintech unit, intermediaries, at the Securities and Futures Commission, described the Hong Kong regulators efforts in tokenisation. She said “The SFC has been placing an emphasis on the underlying process of tokenisation the distributed ledger technology DLT. We want to provide guidance and clarity as more traditional finance players experiment with tokenisation. We issued two circulars last year on this.”
On October 28, the SFC announced that...
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