HKMA reports SVF scheme statistics for Q2/2025, showing a 2.3% increase in SVF accounts and a 1.8% increase in transactions, with the total transaction value decreasing by 0.9%. The total float and SVF deposit increased by 4.5%. Year-on-year comparisons show a 9.8% increase in SVF accounts and a 13.8% increase in SVF deposit.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
SFC Regulation of Virtual Asset Trading Platforms: The Emerging Hong Kong Framework
SFC proposes new regulation of virtual assets through licensing of operators of cryptocurrency and other digital asset trading platforms
Market Misconduct Tribunal: A Guide to Penalties and Other Consequences for Misuse of Insider Information
Market Misconduct Tribunal proceedings for mishandling of insider information can result in fines and disgorgement orders
SPOTLIGHT ON
FAMILY OFFICES
The HKMA has published (19 September 2025) statistics on SVF schemes issued by SVF licensees for the second quarter of 2025. These statistics include quarterly data on SVF schemes and provide insights into the use and transactions of SVF accounts.
At the end of Q2/2025, there were 82.75 million SVF accounts in use, representing a 2.3% increase from the previous quarter. This indicates a steady growth in the adoption of SVF schemes. Additionally, the total number of SVF transactions for the quarter was approximately 2.1 billion, a 1.8% rise from the previous quarter.
The total value of SVF transactions in Q2/2025 amounted to HK$285.8 billion, marking a 0.9% decrease compared to the previous quarter. The transaction value can be segmented into various categories, including point-of-sale spending (HK$43.4 billion), online spending (HK$28.8 billion), P2P funds transfer (HK$20.0 billion), withdrawal (HK$73.0 billion), and additional value transactions (HK$120.6 billion).
The total float and SVF deposit stood at HK$20.4 billion at the end of Q2/2025, which is a 4.5% increase from the previous quarter. Year-over-year comparisons show that the number of SVF accounts and the total float and SVF deposit grew by 9.8% and 13.8% respectively from the end of Q2/2024 to Q2/2025.
The total number and value of SVF transactions in Q2/2025 increased by 6.1% and 31.7% compared to the same period in 2024, highlighting a significant growth in transactional activities. These figures reflect the evolving landscape and increasing adoption of SVF schemes within the financial ecosystem.
View the full article:Source
