Securities and Futures Commission in Hong Kong

The Securities and Futures Commission (or SFC ) is an independent supervisory body regulating the securities and futures markets in Hong Kong. It generally requires that individuals and entities related to ten "regulated activities" must be licensed by or registered with the SFC.

The Securities and Futures Commission (SFC) has the authority to investigate, correct and take action under the Securities and Futures (SFO) Act and its subsidiary laws. According to their authority, the SFC Hong Kong also issues licenses to those who are qualified and able to demonstrate eligibility and suitability to be licensed under a Securities and Futures Ordinance (SFO) and maintain a public register of licensees and registered institutions.

The Securities and Futures Commission overviews the regulation and supervision of cryptocurrency markets in the country. Crypto assets service providers must register with the Commission.

SFC's website.

Discover more about blockchain crypto and compliance with our Glossary.

About Scorechain

Scorechain is a Risk-AML software provider for cryptocurrencies and digital assets. As a leader in crypto compliance, the Luxembourgish company has helped over 200 customers in 40 countries since 2015, ranging from cryptocurrency businesses to financial institutions with crypto trading, custody branch, digital assets, customers onboarding, audit and law firms, and some LEAs.

Scorechain solution supports Bitcoin analytics with Lightning Network detection, Ethereum analytics with all ERC20 tokens and stablecoins, Litecoin, Bitcoin Cash, Dash, XRP Ledger, Tezos, and Tron with TRC10 and TRC20 tokens. The software can de-anonymize the Blockchain data and connect with sanction lists to provide risk scoring on digital assets, transactions, addresses, and entities. The risk assessment methodology applied by Scorechain has been verified and can be fully customizable to fit all jurisdictions. 300+ risk-AML scenarios are provided to its customers with a wide range of risk indicators so businesses under the scope of the crypto regulation can report suspicious activity to authorities with enhanced due diligence.