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Hong Kong Monetary Authority Issues Guidance for Banks on Crypto Custody and Sale of Tokenised Products

Global Fintech & Digital Assets

Banks should have adequate resources, ensure sufficient training for staff, introduce appropriate reporting lines and senior management oversight, and establish business continuity policies.

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A guide to navigating skilled person reviews

Neopay

This includes assessing how a firm interacts with clients, manages conflicts of interest, and ensures fair treatment. Navigating skilled person reviews effectively Proactive evaluation : Firms should proactively evaluate practices in areas vulnerable to reviews, addressing potential weaknesses before regulatory scrutiny intensifies.

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