According to news from the Hong Kong media, on March 21, the president of the Hong Kong Securities and Futures Professionals Association, Chen Zhihua, stated regarding the controversy over brokers' clients 'pre-registering designated bank accounts' that regulators proposed establishing a bank account registration mechanism with a cap. This approach may stem from improperly applying the regulatory ideas of virtual assets (such as pre-approval of wallet addresses) to the traditional securities industry. Chen Zhihua pointed out that virtual assets are difficult to verify ownership instantly due to blockchain addresses, and pre-approval has technical rationality. However, the flow of funds in traditional securities can be confirmed through mechanisms such as 'same-name account verification,' without the need for a one-size-fits-all restriction on the number of accounts. In comparison to the EU anti-money laundering framework, regulation should focus on penetrating beneficial ownership and identifying abnormal transactions rather than imposing preemptive account restrictions. He also suggested that regulators adhere to the 'risk-based' principle, focusing on abnormal fund flows such as 'layered transactions,' clarifying compliance standards for same-name accounts, and promoting the application of big data and AI in anti-money laundering monitoring.