December 07, 2016 BY Valentina Kirilova

FCA and Hong Kong Monetary Authority sign cooperation agreement

The UK’s Financial Conduct Authority (FCA) and the Hong Kong Monetary Authority (HKMA) have entered into a Co-operation Agreement (Agreement) to foster collaboration between the two regulatory authorities in promoting financial innovation. According to the Agreement, the FCA and the HKMA will closely collaborate on a number of initiatives such as referrals of innovative firms,…

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