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Liang Fengyi: Plans to formulate a cybersecurity framework for licensed institutions

2026-11-02 12:13:12

The Chief Executive Officer of the Hong Kong Securities and Futures Commission, Ashley Alder, stated at the Hong Kong FinTech Week 2026 that the Hong Kong Securities and Futures Commission plans to establish a cybersecurity framework for licensed institutions and impose higher requirements on higher-risk institutions to enhance their ability to withstand AI-driven cyber threats.

Alder also mentioned that Hong Kong institutions are at the forefront of tokenization, and tokenization must bring substantial economic benefits to the market in order to achieve scalable development.

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