trending Market Intelligence /marketintelligence/en/news-insights/trending/OoTcr7WqiFZ_dUg0zzt6AA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Hong Kong, Luxembourg regulators sign MOU on mutual recognition of funds

Banking Essentials Newsletter - November Edition

Online Brokerage Space Should Remain Rich Source Of M&A

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery


Hong Kong, Luxembourg regulators sign MOU on mutual recognition of funds

Hong Kong's Securities and Futures Commission and Luxembourg's Commission de Surveillance du Secteur Financier signed a memorandum of understanding for the mutual recognition of investment funds in their respective jurisdictions.

The MOU would allow eligible Hong Kong public funds and Luxembourg's UCITS funds to be distributed in each other's market through a streamlined process. The MOU also establishes a framework for exchange of information, regular dialogue and cooperation between the regulators.

UCITS, or undertakings for collective investment in transferable securities, is a regulatory framework in Europe for the management and sale of mutual funds.