Client asset protection: Hong Kong and UK considerations
Both sets of regulations aim to mitigate the loss of client money and assets through segregation.
On June 6, 2025, Hong Kong’s SFC issued a pivotal circular to Licensed Corporations focused on a review of internal controls for client asset protection. The circular underscores Hong Kong’s dedication to robust internal client asset safeguards, echoing well-established UK CASS compliance.
The circular consolidates SFC findings and expectations, highlighting areas