Hong Kong SFC and UAE CMA Sign MoU to Strengthen Cross-Border Digital Asset Cooperation
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The Securities and Futures Commission of Hong Kong (SFC) and the Capital Market Authority of the United Arab Emirates (CMA) have formally signed a memorandum of understanding (MoU) on cross-border regulatory cooperation for digital assets, marking the first agreement of its kind between the SFC and an overseas regulator for supervised digital asset entities. The MoU establishes a framework for enhanced collaboration, including mutual consultation and information exchange on cross-border regulated digital asset activities, reflecting the SFC's commitment to international engagement under its ASPIRe roadmap.
The signing ceremony, witnessed by SFC Chairman Dr. Hanson Huang, was completed by CMA Chief Executive Waleed Saeed Al Awadhi and SFC CEO Ashley Alder. Ahead of the signing, both authorities hosted a digital asset innovation roundtable with senior industry representatives to discuss ecosystem development and emerging trends.
CMA CEO Waleed Saeed Al Awadhi highlighted that the MoU strengthens regulatory cooperation, providing clear channels for consultation and information exchange to enhance cross-border oversight while promoting responsible innovation and investor protection. SFC CEO Ashley Alder emphasized that the MoU extends bilateral cooperation from fund recognition arrangements to regulated digital asset entities, supporting sustainable development of Hong Kong and UAE digital asset markets.
The roundtable reaffirmed both authorities' commitment to balanced regulation to foster sustainable market growth and position Hong Kong and the UAE as forward-looking digital asset hubs. Following the signing, the SFC and CMA jointly convened an executive roundtable and an industry seminar to advance cross-border asset management collaboration, building on the September 2025 fund recognition MoU.
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