Previously on RR-Briefs
This page is a repository of Regulatory Ramblings - Briefs previous live simulcasts aired over HKU FinTech's LinkedIn, Facebook, Twitter and Youtube pages.
Streamed on 17 March 2023 (HKT)! Regulatory Ramblings Briefs: New Technologies, New Crises: A Chat with Douglas Arner.
Prof Arner joins Ajay Shamdasani in a discussion on Asia's first MOOC and recently launched Introduction to Fintech in Arabic, SVB, Credit Suisse, and technology & crises. Streaming on HKU Fintech: LinkedIn, Facebook, Twitter and Youtube.
Listen to this interview-podcast or read the transcript: here.
Related paper now published at the Oxford Business Law Blog: The Financialization of Crypto: Lessons from FTX and the Crypto Winter of 2022-2023
What it takes to be a compliance officer. Oonagh van den Berg joins Ajay Shamdasani to discuss her background growing up in Northern Ireland during the tumultuous 1980s, how she found her way into the legal profession, as well as what it takes to be a compliance officer – in terms of skills, knowledge, and temperament – as well as the challenges of being a woman in male-dominated fields such as financial services, law and compliance. Watch this interview: here.
Invest In Yourself – Study Compliance & Regulation at HKU Law. Syren Johnstone, executive director of HKU's LLM programme in Compliance & Regulation, talks to Ajay Shamdasani about the degree and its benefits. Listen to this interview.
Tokenised Litigation Funding. Jamieson Kirkwood and Ajay Shamdasani discuss regulatory obstacles and how blockchain technology is disrupting the monetization of litigation claims through tokenisation. Watch it here.
Great Crypto Crisis. Sijuade Animashaun speaks to host Ajay Shamdasani about his new paper entitled “Great Crypto Crisis: The Prudential Regulation of Systemically Important Crypto Conglomerates”. Watch it here.
A Regulatory Design for Financial Stability in Hong Kong. Dr. Evan Gibson (HKU Law) explores the question and discusses some key points in his book, including: What does the arrival of a digital Yuan mean from a regulatory compliance and risk management perspective? To what extent can AI and RegTech tools help policymakers and supervisors to manage routines and tasks? And what does regulatory reform means to regulators who are accountants , bankers , and lawyers (and less engineers ) in terms of skills and training? Watch it here.
Prospects for Digital Yuan and eHKD
Regulatory Ramblings Briefs | Streamed on 2 August 2023 at 12:30pm HKT! Prospects for Digital Yuan and eHKD | A Conversation with Dr. Oriol Caudevilla.
Dr. Oriol Caudevilla chats with Regulatory Ramblings host Ajay Shamdasani about the prospects of a digital yuan and what opportunities exist for Hong Kong should a digital Chinese currency go global.
About Dr. Caudevilla: A highly regarded voice on all things fintech and CBDC, he founded and hosts the “A Digital Tomorrow” podcast, with over 10k followers on YouTube and whose video views reach an average audience of 1.5k viewers. He also acts as a Board Director and Secretary General at the Global Impact FinTech (GIFT) Forum, Member of the Board of Advisors at Blockchain for Europe (BC4EU), Research Contributor at the Blockchain Research Institute (BRI), Mentor at R3 (Singapore), Mentor at Cyberport (Hong Kong), Mentor at the Hong Kong Science and Technology Park (HKSTP), FinTech Mentor at F10 Incubator & Accelerator (Singapore), FinTech Mentor at Rise by Barclays (London and Mumbai) and former chairman of the Private Digital Euro Working Group at the Digital Euro Association (D€A).
The Road Ahead for Virtual Assets in Hong Kong
Regulatory Ramblings Briefs | Streamed on 7 June 2023 at 12:30pm HKT! The Road Ahead for Virtual Assets in Hong Kong | A Conversation with Vincent Turcotte, Director of Digital Assets (APAC) at Eventus.
Vincent Turcotte, the Asia Pacific director for digital assets at global trade surveillance and market risk solutions provider, Eventus, joins Ajay Shamdasani to discuss a report he wrote late last year entitled “Crypto Regulation in Asia: 2022 Hong Kong Update”.
Key takeaways: The conversation focuses on the regulatory framework for digital assets in Hong Kong, particularly the new Virtual Asset Regulatory framework that took effect on June 1st. Vince Turcotte praises the Securities and Futures Commission (SFC) in Hong Kong for their pragmatic and market-oriented approach to virtual asset regulation, crafting appropriate legislation and revised rules based on market feedback. The conversation discusses the historical context of regulatory treatment of asset classes in China, including the dominance and subsequent crackdown on crypto activities due to capital control and fraud concerns. It also covers the possibility of Chinese retail investors reentering the crypto market in a regulated manner, similar to stock-Connect and bond-Connect programs, is discussed.
Regulating Virtual Assets
Streamed on 26 April! Regulatory Ramblings Briefs: Regulating Virtual Assets: The Hong Kong Advantage | A Conversation with Donald Day, COO of VDX, Hong Kong CFAAR* Co-Founder and Digital Assets Expert.
Donald Day, chief operating officer of fintech start-up firm VDX, and the former in-house cryptocurrency/digital asset expert at Hong Kong’s capital markets regulator, the Securities and Futures Commission, sits down to chat with Regulatory Ramblings host Ajay Shamdasani. They discuss the importance of broadening the policy discussion beyond just being about cryptocurrencies to envisaging a future where virtual assets are a key part of daily commerce, as well as the importance of digitization, and Hong Kong’s ideal position as a global fintech and digital asset hub.
*CFAAR - Crypto Fraud and Asset Recovery Network
DOWNLOAD: Consultation Conclusions on the Proposed Regulatory Requirements for Virtual Asset Trading Platform Operators Licensed by the Securities and Futures Commission 23/5/2023
Taxing the Future
Streamed on 12 April! Regulatory Ramblings Briefs: Taxing the Future and the Search for A New Regulatory Paradigm: A Chat with Dr Jamieson Kirkwood (HKU).
Dr. Kirkwood discusses the active competition and ‘turf wars’ between nation-states to lure multinational businesses and high-net-worth individuals to their shores, the OECD’s move towards harmonised tax rules and a minimum corporate tax rate in the developed world, and whether tax havens are a thing of the past. Streaming on HKU Fintech: LinkedIn, Facebook, Twitter and Youtube.
Related paper (pay gate): "Taxing the Future: Digital Stateless Income, Business Organisation, and the Search for a New Regulatory Paradigm".
Individual rights in the Metaverse
Streamed on 29 March 2023 (HKT) - Regulatory Ramblings Briefs: How can corporations ensure human rights in the Metaverse? A Chat with Dr Kuzi Charamba.
Kuzi joins Ajay Shamdasani in a discussion on the need for forward-looking rather than reactive regulation of and governance in the Metaverse; global harmonization of rules; physical and digital personality, and how to set up appropriate governance systems. Streaming on HKU Fintech: LinkedIn, Facebook, Twitter and Youtube.
Related paper: "Beyond The Corporate Responsibility to Respect Human Rights In The Dawn Of A Metaverse".