Hong Kong Securities and Futures Commission Extends the Period for Visiting Professionals to Provide Virtual Asset Services to 45 Days per Calendar Year

The Hong Kong Securities and Futures Commission has issued a circular regarding the optimization measures for facilitating visiting professionals to engage in 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 are subject to a condition in this regard (existing conditions for mobile professionals).

To facilitate visiting professionals and allow them more flexibility in carrying out the aforementioned activities in Hong Kong, the Hong Kong Securities and Futures Commission has now extended the relevant period to 45 days per calendar year. The new conditions with the extended period will apply to existing licensed mobile professionals, and the Hong Kong Securities and Futures Commission will arrange for existing licensed mobile professionals to replace their current conditions with conditions that have a 45-day limit. #香港推出稳定币