Zheng Dejia, Director of Regulations and Enforcement at the Hong Kong Securities and Futures Commission, stated that the Commission and the Police Force have established a working group for virtual asset trading platforms. Four meetings were held in October and November, and according to this mechanism, there will be at least two information exchanges per week regarding individual cases and incidents related to virtual platforms. Both sides will formulate guidelines, conduct risk assessments on individual cases, and decide whether to further investigate or enforce. If the Commission discovers particularly suspicious cases that require rapid enforcement or related actions, it will contact the police as soon as possible to ensure effective coordination during the investigation and enforcement period.
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