Circular to Licensed Corporations, SFC-licensed Virtual Asset Service Providers and Associated Entities - Anti-Money Laundering / Counter-Financing of Terrorism Transition to the new suspicious transaction reporting platform

The Securities and Futures Commission (SFC) issues this circular to inform licensed corporations, SFC-licensed virtual asset service providers and associated entities (collectively referred to as “licensed firms”) about the logistical arrangements for transitioning to the Joint Financial Intelligence Unit’s (JFIU) new suspicious transaction reporting platform by 2 February 2026.

The JFIU has developed the new platform, the Suspicious Transaction Report and Management System 2 (STREAMS 2)¹, which will replace the current STREAMS platform. By enhancing system automation and analytical capabilities, the new platform increases the efficiency and effectiveness of the JFIU’s analysis and dissemination of financial intelligence gathered from suspicious transaction reports (STRs) received.

STR submission

With effect from 2 February 2026, STREAMS 2 will become the only channel for filing STRs². Licensed firms are required to submit STRs to the JFIU via STREAMS 2 by one of the following means:

(a)  submission of an STR in an Extensible Markup Language (XML) format³;

(b)  uploading a completed STR form in the prescribed PDF format³; or

(c)  completing the web-based STR form in STREAMS 2.

STREAMS 2 account registration

Licensed firms should register STREAMS 2 user accounts to facilitate the prompt submission of STRs. For new user registration, please download the STREAMS 2 User Registration Form available on the JFIU website (https://www.jfiu.gov.hk/info/doc/STREAMS_2_Reg_form.docx), and submit the completed form to the JFIU via email (jfiu@police.gov.hk).

System transitional arrangements

Licensed firms should observe the JFIU’s transitional arrangements as set out below:

(a)  the JFIU will cease accepting STR submissions via STREAMS at 12:00am on 28 January 2026, and will resume accepting STR submissions at 9:00am on 2 February 2026 via STREAMS 2 (hereafter referred to as the “blackout period of STREAMS”);

(b)  for any STRs requiring urgent submission during the blackout period of STREAMS, please contact the JFIU directly by email (jfiu@police.gov.hk), phone at 2866 3366 or fax at 2529 4013;

(c)  upon the launch of STREAMS 2 at 9:00am on 2 February 2026, the operation of STREAMS will be discontinued. All STRs previously submitted through STREAMS will be migrated to STREAMS 2. Licensed firms will be able to access these records and, where applicable, view the consent status, via STREAMS 2; and

(d)  licensed firms that intend to submit STRs via the XML format are required to follow the XML schema provided separately by the JFIU and liaise with it as soon as possible to arrange a technical test to ensure a smooth transition. 

Should you have any queries regarding the contents of this circular, please contact the JFIU’s Senior Inspector Mr Owen Tse at 3660 0533 or by email (owencytse@police.gov.hk).

Intermediaries Division
Securities and Futures Commission

End

SFO/IS/002/2026