The Hong Kong Securities and Futures Professionals Association has called on the Securities and Futures Commission (SFC) to enhance the "Virtual Asset Platform Operator Examination" (CVAP) by splitting the exam and course, improving study materials, and lowering fees. This follows a meeting with key regulatory figures, including Joseph Chan, Deputy Secretary for Financial Services and the Treasury, and Keith Choy, Executive Director of the SFC's Intermediaries Division. The association plans to monitor the implementation timeline and continue discussions on issues like self-custody guidelines for private funds and the regulatory framework for virtual asset payments.