HK SII Virtual Asset Practitioner Program

Published on: Mar 19, 2025

On Mar. 17, HK SII launched pioneering certification program.

  • HK SII launched a Certification program for virtual asset professionals (CVAP), first of its kind for practitioners managing, advising on, or dealing with virtual assets (VA).
  • The program was developed in consultation with HK SFC and industry experts via a Virtual asset working group, in order to align with local regulatory expectations.
  • Certification Program
  • CVAP aims to establish baseline core competencies for financial services practitioners involved in VA-related services; also supports HK’s goal of becoming a global VA hub.
  • Covers key topics such as blockchain fundamentals, wallet types, product risks, real-world applications, and legal and regulatory compliance, by addressing awareness gap.
  • Designed for traditional financial practitioners looking to expand their knowledge in VA and university students preparing for careers in the evolving financial sector.
  • Follows a two-step certification process, consisting of core curriculum that covers regulatory, industry, product-specific topics, followed by business-focused electives.
  • Upon completing the program, participants will earn five continuous professional training hours and receive the Certificate of virtual asset professional.
  • Effectiveness
  • First examination is scheduled for May 15, 2025, with subsequent monthly exams.
Regulators
HK SII
Entity Types
B/D; IA
Reference
PR 3/17/2025
Functions
Compliance; Financial; Training
Countries
Hong Kong
Category
State
N/A
Products
Cryptocurrency; Fund Mgt; Securities
Rule Type
Final
Regions
AP
Rule Date
Mar 17, 2025
Effective Date
May 15, 2025
Rule ID
247244
Linked to
N/A
Reg. Last Update
Mar 17, 2025
Report Section
International