Hong Kong SFC Reappoints Leung Fung Yee as CEO from 2026

Leung Fung Yee’s reappointment reaffirms the SFC’s focus on regulatory reform and market development, alongside steering leadership transition in Hong Kong’s financial sector.

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Summary

According to the Securities and Futures Commission of Hong Kong’s official announcement, CEO Leung Fung Yee has been reappointed for a two-year term starting January 1, 2026. Since becoming CEO in January 2023, she has initiated major regulatory reforms, including a virtual asset platform licensing regime and a roadmap expanding oversight to over-the-counter cryptocurrency trading and custody services. Her next term will continue focusing on regulatory reform, market development, and leadership transition.

Terms & Concepts
  • SFC (Securities and Futures Commission of Hong Kong): Hong Kong’s financial regulator responsible for securities and futures markets oversight.
  • Virtual asset licensing regime: A regulatory framework requiring licenses for businesses dealing with cryptocurrencies and other digital assets in Hong Kong.
  • OTC crypto trading: Over-the-counter cryptocurrency transactions conducted directly between parties without a centralized exchange.