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Hong Kong: HKMA and SFC OTC derivatives reporting regime including crypto currencies

Progress

Current status
in force
29 Sep 2025 in force
29 Sep 2024 adopted
17 May 2024 processing consultation
22 Apr 2024 in consultation

Scope

Implementers
Hong Kong
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
central bank
Implementation Level
national

Timeline of events

29 Sep 2025
in force

Implemented enhancements to OTC Derivatives Reporting Regime including crypto currencies

On 29 September 2025, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) implement requirements for reporting Unique Transaction Identifiers (UTIs) and Unique Product Identifiers (UPIs), in conjunction with the r…

Source
Event type order
Action type implementation
Government branch executive
Government body central bank
29 Sep 2024
adopted

Adopted enhancements to OTC Derivatives Reporting Regime including crypto currencies

On 29 September 2024, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) published the results of the proposed enhancements to Hong Kong's over-the-counter (OTC) derivatives reporting regime. The proposed enhance…

Source
Event type order
Action type adoption
Government branch executive
Government body central bank
17 May 2024
processing consultation

Closed consultation on the enhancements to OTC Derivatives Reporting Regime including crypto currencies

On 17 May 2024, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) closed its consultation regarding proposed enhancements to Hong Kong's over-the-counter (OTC) derivatives reporting regime. The consultation focu…

Source
Event type order
Action type consultation closed
Government branch executive
Government body central bank
22 Apr 2024
in consultation

Opened consultation on the enhancements to OTC Derivatives Reporting Regime including crypto currencies

On 22 March 2024, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) launched a consultation regarding proposed enhancements to Hong Kong's over-the-counter (OTC) derivatives reporting regime. The consultation fo…

Source
Event type order
Action type consultation opened
Government branch executive
Government body central bank