Hong Kong SFC extends Chair Julia Leung's term by 3 years… 'Person who led the development of a virtual asset hub'
Summary
- Bloomberg reported that Julia Leung, chair of the Hong Kong Securities and Futures Commission (SFC), is expected to have her term extended by three years.
- It said Leung has focused since 2023 on establishing a regulatory framework for virtual assets and strengthening financial market supervision.
- It said investors are paying attention to the fact that she has pushed for institutional reforms and the enhancement of the supervisory framework to develop Hong Kong as an Asian virtual asset trading hub.
Julia Leung, chair of the Hong Kong Securities and Futures Commission (SFC), is expected to lead the organization for three more years.
On the 6th (local time), Bloomberg, citing sources, reported, "Julia Leung will serve another three-year term as SFC chair. The Hong Kong government plans to extend her term when her current term expires at the end of this year."
Since taking office in 2023, Leung has focused on revitalizing Hong Kong's initial public offering (IPO) activity, strengthening financial market supervision, and establishing a regulatory framework for virtual assets (cryptocurrencies). In particular, she has promoted institutional reforms and the enhancement of the supervisory framework to develop Hong Kong as an Asian financial and virtual asset trading hub.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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