Common Contracts
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Memorandum of Understanding between the People’s Bank of China and Hong Kong Monetary Authority on Strengthening Supervisory Cooperation under Bond ConnectJune 30th, 2017
To strengthen supervisory cooperation between the Mainland and Hong Kong under Bond Connect, ensure effective operation and prudent risk management of the scheme, the People’s Bank of China (PBC) and Hong Kong Monetary Authority (HKMA, or collectively the “Parties”) have agreed to further strengthen supervisory and enforcement cooperation. The Parties have come to a consensus to enter into this Memorandum of Understanding (MoU).
