Techub News: The Hong Kong Securities and Futures Commission (SFC) has issued a circular stating that licensed corporations, licensed virtual asset service providers, and related entities must transition to the "Second Generation Suspicious Transaction Reporting and Management System" (STREAMS 2) launched by the Joint Wealth Intelligence Group by February 2, 2026. Starting from February 2, 2026, STREAMS 2 will replace the existing system and become the sole channel for submitting suspicious transaction reports. The circular states that licensed institutions can submit reports via XML format, designated PDF format, or online forms to enhance automation, analytical capabilities, and improve the efficiency of financial intelligence processing.
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Techub News: The Hong Kong Securities and Futures Commission (SFC) has issued a circular stating that licensed corporations, licensed virtual asset service providers, and related entities must transition to the "Second Generation Suspicious Transaction Reporting and Management System" (STREAMS 2) launched by the Joint Wealth Intelligence Group by February 2, 2026. Starting from February 2, 2026, STREAMS 2 will replace the existing system and become the sole channel for submitting suspicious transaction reports. The circular states that licensed institutions can submit reports via XML format, designated PDF format, or online forms to enhance automation, analytical capabilities, and improve the efficiency of financial intelligence processing.