Hong Kong SFC Publishes Consultation Proposals on Public Fund Requirements

April 04, 2018
Financial Services Quarterly Report: First Quarter 2018

Following an initial “soft” consultation with industry participants and relevant stakeholders, the Securities and Futures Commission launched a three-month consultation on proposed amendments to the Code on Unit Trusts and Mutual Funds. The consultation ended on 19 March 2018. The proposals are intended to create new opportunities and foster financial innovation in the market, and to align the regulatory regime with international standards, including recommendations from IOSCO and the Financial Stability Board.

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