Hong Kong SFC plans cybersecurity framework for licensed firms, Leung says

Hong Kong SFC plans cybersecurity framework for licensed firms, Leung says

N
News Editor
2026-11-02 04:13:12
Hong Kong Securities and Futures Commission Chief Executive Julia Leung said at Hong Kong FinTech Week 2026 that the regulator plans to develop a cybersecurity framework for licensed institutions and impose higher requirements on firms deemed to face greater risk. The move is aimed at strengthening their ability to withstand AI-driven cyber threats. Leung also said Hong Kong institutions are ahead in tokenization, while adding that tokenization must deliver tangible economic benefits to the market before it can scale. Her remarks linked two priorities now in focus for the city’s financial sector: tighter cyber resilience standards for regulated entities and practical, economically useful tokenization efforts rather than growth for its own sake.

According to ChainCatcher, Hong Kong Securities and Futures Commission Chief Executive Julia Leung said at Hong Kong FinTech Week 2026 that the SFC plans to establish a cybersecurity framework for licensed institutions and set higher requirements for firms facing greater risk, with the goal of improving their ability to defend against AI-driven cyber threats.

Leung also said Hong Kong institutions are in a leading position in tokenization. She added that tokenization needs to bring tangible economic benefits to the market before it can achieve development at scale.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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