AMLO
Hong Kong VASP License: SFC Application Requirements and Process
Hong Kong SFC VASP licensing guide. HKD 5M capital, responsible officers, AML/CFT obligations, tokenized securities requirements, and 9–18 month application timeline.
SFC Hong Kong: VASP Licensing and Tokenization Framework
The SFC's mandatory VASP licensing regime (June 2023) and its November 2023 tokenization circular have established Hong Kong as Asia's leading regulated market for tokenized securities and institutional crypto trading.