Memorandum of Understanding (MoU)Memorandum of Understanding • July 6th, 2017
Contract Type FiledJuly 6th, 2017This MoU has been concluded between SFC and AMF in light of global financial market growth and increasing cross-border activity in asset management and the offering, marketing and distribution of shares or units of collective investment schemes. Its purpose is to enhance cooperation in relation to (i) certain SFC or AMF authorized collective investment schemes domiciled and managed in either Hong Kong or France and offered, marketed and distributed to retail investors in France and/or to the public in Hong Kong on a cross-border basis, and (ii) management companies of collective investment schemes, based in either Hong Kong or France and licensed by the SFC or authorized by the AMF, respectively.