Monday January 4 2016
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Link: https://www.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=15PR127
The Securities and Futures Commission (SFC) has entered into a memorandum of understanding (MoU) with the U.S. Commodity Futures Trading Commission (CFTC) regarding cooperation and the exchange of information in the supervision and oversight of regulated entities that operate on a cross-border basis in Hong Kong and in the United States.
Through the MoU, which covers regulated markets and organised trading platforms, central counterparties, intermediaries, dealers and other market participants, the SFC and the CFTC express their willingness to cooperate with each other in the interest of fulfilling their respective regulatory mandates.
The aforementioned MoU came into effect on 21st December 2015.
Click on the link above for further details.