Memorandum of Understanding (MoU)Memorandum of Understanding (Mou) • October 5th, 2018
Contract Type FiledOctober 5th, 2018This MoU has been concluded between the Securities and Futures Commission of Hong Kong (SFC) and the Financial Conduct Authority (FCA) in light of global financial market growth and increasing cross- border activity in asset management and the offering and distribution of collective investment schemes. Its purpose is to enhance cooperation in relation to (i) collective investment schemes domiciled in either Hong Kong or the United Kingdom (UK) and offered to the public in the UK and/or Hong Kong on a cross-border basis, and (ii) management companies of collective investment schemes, based in either Hong Kong or the UK.