Friday April 1 2016

News Source: Fund Regulation

Focus: Other

Type: General

Country: Hong Kong




The Hong Kong Securities and Futures Commission (SFC) has issued a Frequently Asked Questions (FAQ) document to provide guidance to market practitioners regarding the Mainland-Hong Kong Mutual Recognition of Funds (MRF) scheme.

The FAQ provides answers on areas such as:

  • Eligibility requirements
  • Ongoing disclosures
  • Operational issues
  • Sales and Distribution; and
  • Taxation

The document also provides explanations of illustrative examples of risk disclosures expected to be included, if applicable, in the Hong Kong covering document of a Recognised Mainland Fund

Click on the above link for further details.