HONG KONG: HKEx revises guidance on documentary requirements and administrative matters for collective investment scheme applications

Tuesday July 21 2015

Hong Kong Exchanges and Clearing Limited (HKEx) has revised its guidance on documentary requirements and administrative matters for collective investment scheme (CIS) applications.

The revised guidance states that with effect from February 2015, stamp duty is waived for the transfer of units of all ETFs, regardless of their underlying portfolios, dates of listings or whether stamp duty has been remitted in respect of them. Procedures to facilitate CIS applicants to obtain the stamp duty remission are no longer necessary.

Click on the above link for further details.