The Securities and Futures Commission (SFC) and the Hong Kong Police Force (HKPF) have formed a dedicated working group to improve cooperation in monitoring and investigating illegal activities related to Virtual Asset Trading Platforms (VATPs). The working group consists of representatives from various divisions of both organizations. Its main objectives are to share information on suspicious activities and breaches of VATPs, assess the risks associated with suspicious VATPs, and enhance coordination and collaboration in related investigations. The collaboration aims to protect the public and investors in Hong Kong from the challenges posed by VATPs. Both the HKPF and the SFC expressed their commitment to working together and utilizing their expertise and resources to combat problematic VATPs.
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