The Hong Kong Securities and Futures Commission has issued a circular regarding the optimization measures for facilitating visiting professionals to conduct regulated activities or provide virtual asset services in Hong Kong. Currently, mobile professionals are allowed to conduct regulated activities or provide virtual asset services in Hong Kong for no more than 30 days in each calendar year, and their licenses will be subject to a condition in this regard (existing mobile professional condition). To facilitate visiting professionals and allow them more flexibility in conducting the aforementioned activities in Hong Kong, the Hong Kong Securities and Futures Commission has now extended the relevant period to 45 days in each calendar year. The new condition with the extended period applies to existing licensed mobile professionals, and the Hong Kong Securities and Futures Commission will arrange for existing licensed mobile professionals to replace their existing mobile professional conditions with conditions that have a 45-day limit.