// NAC 香港辖区宪法规则（HK）
// 监管机构：证券及期货事务监察委员会（SFC）、香港金融管理局（HKMA）
// 法律依据：《证券及期货条例》（SFO）、《打击洗钱及恐怖分子资金筹集条例》（AMLO）、虚拟资产服务提供商（VASP）制度
// CBPP原则：约法即是治法，宪法即是规则，参与即是共识，节点产生区块，交易决定区块大小
// 版本：v1.0 | 生效日期：2026-01-01 | 授权CA：SFC-CA-001

jurisdiction HK {
  name: "香港特别行政区"
  code: "HK"
  tier: 1
  inherits: GLOBAL
  regulatory_authorities: ["SFC", "HKMA"]
  authorized_ca: "SFC-CA-001"
  ca_cert_standard: "X.509v3"

  rule HK_SFO_001 {
    name: "证券及期货条例合规"
    basis: "《证券及期货条例》（Cap. 571）第III部"
    security_token_classification: {
      collective_investment_scheme: "SFC_AUTHORIZATION_REQUIRED"
      debenture: "SFC_REGISTRATION_REQUIRED"
      shares: "SFC_PROSPECTUS_REQUIRED"
    }
    professional_investor_only: true
    professional_investor_threshold: { assets: 8000000 }
    disclosure: { offering_document: REQUIRED, ongoing_reporting: REQUIRED }
    enforcement: "CEE_REJECT_CR"
  }

  rule HK_VASP_001 {
    name: "虚拟资产服务提供商制度"
    basis: "《打击洗钱及恐怖分子资金筹集条例》（AMLO）修订（2023年6月生效）"
    vasp_license: SFC_REQUIRED
    permitted_retail_tokens: "SFC_APPROVED_LIST_ONLY"
    retail_investor_access: {
      knowledge_test: REQUIRED
      risk_disclosure: REQUIRED
      exposure_limit: 0.30
    }
    custody_requirements: {
      cold_storage: 0.98
      hot_wallet_max: 0.02
      insurance: REQUIRED
    }
    enforcement: "CEE_REJECT_CR"
  }

  rule HK_AML_001 {
    name: "香港反洗钱合规"
    basis: "AMLO（Cap. 615）、HKMA AML指引"
    extends: GLOBAL_AML_001
    cdd_threshold_hkd: 120000
    wire_transfer_threshold_hkd: 8000
    str_authority: "JFIU"
    str_deadline_hours: 24
    enforcement: "CEE_REJECT_CR"
  }

  rule HK_RWA_001 {
    name: "香港RWA资产通证化"
    basis: "SFC《有关证券型代币发行的声明》（2019）及后续指引"
    extends: GLOBAL_RWA_001
    permitted_assets: ["REAL_ESTATE", "EQUITY_PRIVATE", "FUND_PRIVATE", "DEBT_PRIVATE", "INFRASTRUCTURE", "CARBON_CREDIT"]
    tokenization_structure: {
      spv_required: true
      trustee_required: true
      auditor_required: true
    }
    enforcement: "CEE_REJECT_CR"
  }
}