Special Report
Hong Kong/China -Mutual Recognition Of Funds: Gateway For Distribution Of Funds.

4 August, 2015

 

The Securities and Futures Commission (SFC) together with the China Securities and Regulatory Commission (CSRC) recently announced the details of the Mutual Recognition of Funds (MRF) between the Mainland and Hong Kong. From 1 July 2015, a fund that is authorised by the SFC in Hong Kong, or the CSRC in China, can apply for authorisation for retail distribution in the corresponding host jurisdiction provided that certain requirements can be satisfied. We spoke to Alwyn Li, Partner at Deacons on about this new initiative, what it means to investors in Hong Kong and China, and his thoughts about the future of this development.

 

 

Conventus Law. What is mutual fund recognition? 

 

 

CL - What are the general requirements for mainland funds coming to Hong Kong and vice versa?​

 

 

CL - Have we seen a high number of applications since the official start of the Mutual Recognition of Funds on July 1st?​

 

 

CL -  Has the recent Chinese stock market turmoil affected the mutual recognition of funds programme?

 

 

CL - Any predictions for the near future?

 

 

NEW_DeaconsHKLogo

 

For further information, please contact:

 

Alwyn Li, Partner, Deacons

alwyn.li@deacons.com.hk