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Amid a series of setbacks, Hong Kong remains stuck the past when it comes to cultivating foreign talent and capital from emerging markets. By establishing itself as a hub that celebrates innovation and multiculturalism, the city can attract top-tier professionals from around the globe.
Kavi Harilela is the business director of Payment Asia, providing business guidance on corporate and personal trust services and mid- to long-term company development plans. He also oversees the trust business of its subsidiary company FGA Trust. A third-generation member of the Harilela family, he also sits on several boards of family corporations and runs his own VC firm. Mr Harilela has decades of experience working in auditing firms such as KPMG and PwC, while his expertise is in tech and cross-border investment.
Hong Kong’s regulatory landscape for digital asset custody remains fragmented. While industry players welcome greater clarity, striking the balance with growth is crucial.
Hong Kong officials tout new use cases for blockchain technology at city’s FinTech Week as the SFC unveils new rules for retail access to tokenised securities.
Experts share insights around the value potential of a digital currency, following the HKMA’s publication of an initial report on the pilot.