Sukilite Family Office Gathers Industry Elites to Complete Submission on "Crypto-Asset Reporting Framework"

[Hong Kong, January 26, 2026] —— In response to the public consultation launched by the Financial Services and the Treasury Bureau (FSTB) and the Inland Revenue Department (IRD) in December 2025 regarding the Implementation of the Crypto-Asset Reporting Framework (CARF) and Amendments to the Common Reporting Standard (CRS), Sukilite Family Office announced today that it has formally submitted a comprehensive opinion paper to the authorities. The submission consolidates in-depth research from cross-sector experts, offering constructive implementation solutions for the long-term development of Hong Kong’s virtual asset industry.

Rapid Response and Cross-Sector Collaboration

Recognizing the significance of this legislative proposal in consolidating Hong Kong’s status as an international financial center, Sukilite Family Office responded swiftly to the consultation by spearheading the formation of the "Web 3.0 Special Research Group."

The Group comprises diverse industry elites, including family office representatives, Regulatory Technology (RegTech) experts, senior legal practitioners, and policy researchers. Over the past period, members have engaged in intensive discussions and conducted multiple rounds of deep-dive research, analyzing the framework from various dimensions including compliance costs, technical feasibility, legal definitions, and international competitiveness.

Promoting "Compliance as Competitiveness"

The submitted opinion paper not only expresses full support for the government’s implementation of international tax standards but also focuses heavily on forward-looking recommendations for technical implementation.

Mr.Kun, Leader of the Research Group, stated: "We believe that compliance should not be viewed merely as a cost, but as a core competitive advantage for Hong Kong's Web3 industry. By encouraging the industry to self-develop or adopt professional RegTech solutions, we can transform compliance requirements into a new engine for driving the local technology sector and creating high-value employment opportunities."

The submission outlines a detailed "2026-2028 Implementation Roadmap" and recommends that the government open standardized API interfaces and provide sandbox testing environments to assist the industry in a smooth transition.

Looking Ahead

We look forward to leveraging our dual perspective of "Family Office Asset Allocation" and "Frontline Technical Execution" to continue supporting government policy-making and contributing to the industry's development, jointly building a financial ecosystem that is both prudent and dynamic.

About Sukilite Family Office Sukilite Family Office is an asset management institution rooted in Hong Kong, dedicated to global asset allocation and technology investment within a compliant and robust framework. We closely monitor developments in Fintech and the Web3 sector, actively participating in policy discussions to drive positive industry growth.

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