December 02, 2016 BY Valentina Kirilova

SFC and FINMA sign agreement on Switzerland-Hong Kong Mutual Recognition of Funds

The Securities and Futures Commission (SFC) and the Swiss Financial Market Supervisory Authority (FINMA) have signed a Memorandum of Understanding on Switzerland-Hong Kong Mutual Recognition of Funds and Asset Managers (MoU), which will allow eligible Swiss and Hong Kong public funds to be distributed in each other’s market through a streamlined vetting process. The MoU…

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