Events listed in Hong Kong
FAQs – Mainland-Hong Kong Mutual Recognition of Funds: Frequently Asked ...
ID 26494
The Securities and Futures Commission of Hong Kong (SFC) published revised Frequently Asked Questions (FAQs) on Mainland-Hong Kong Mutual Recognition of Funds. The FAQs outline, among other things, the eligibility requirements for being recognized as a mutually recognized fund (MRF), ongoing operations requirements, disclosure requirements for MRF funds, licensing requirements of the Hong Kong representative of a Mainland fund, and distribution and sales obligations ...
Form of confirmation and undertaking on compliance with the OP Section of the ...
ID 26493
The Securities and Futures Commission, SFC, has issued a revised Form of Confirmation and Undertaking to be used by so-called paper gold schemes (PGS) which facilitate investments in gold primarily through the use of ownership certificates. The form confirms and undertakes that: – the applicant and the scheme comply with the overarching principles section of the *SFC Handbook for Unit Trusts and Mutual Funds, ...
FAQs – Publicly offered investment products: MPF products
ID 26492
The Securities and Futures Commission of Hong Kong (SFC) has published revised „Frequently Asked Questions relating to MPF Products“. The FAQs address – among others – issues such as the application process for a MPF product, documents to be provided along with the application form, time limits for supplying relevant documentation, fees to be paid in this context, or the authorization of marketing material. ...
Information Checklist for Application for Authorization of Swiss Funds under the ...
ID 26491
The Securities and Futures Commission of Hong Kong (SFC) has issued a revised version of its Information Checklist for Application for Authorization of Swiss Funds under the Mutual Recognition of Funds Arrangement and the Revamped Process. The checklist which shall be used beginning on the application date outlined above MUST be submitted to the SFC along with the prescribed documents. The checklist contains or ...
Information Checklist for Application for Authorization of Luxembourg Funds under ...
ID 26490
The Securities and Futures Commission of Hong Kong (SFC) has issued a revised version of its Information Checklist for Application for Authorization of Luxembourg Funds under the Mutual Recognition of Funds Arrangement and the Revamped Process. The checklist which shall be used beginning on the application date outlined above MUST be submitted to the SFC along with the prescribed documents. The checklist contains or ...
On-Going Compliance Form For Notice of Mergers/Restructuring/Termination/Withdrawal ...
ID 26489
The Securities and Futures Commission of Hong Kong, SFC, has issued a revised form to be used by mutual funds and unit trusts in case of mergers with another fund/trust, restructuring, termination in case of mergers/restructuring, or withdrawal of authorization. Among others, the form seeks information on – on the number of units / share affected; – the latest size (assets under management); – ...
Consultation on implementation of global minimum tax and minimum top-up tax in Hong ...
ID 26487
The Hong Kong government or better the Financial Services and the Treasury Bureau and the Inland Revenue Department have launched a joint consultation regarding the adoption of the global minimum tax framework proposed by the OECD, known as BEPS 2.0. The framework aims to address the challenges posed by the digital economy as regards the taxation of income generated across national borders and ensure ...
Managing cyber risk associated with third-party service providers (PDF File, 176.9 ...
ID 26481
With the rise in digitalisation in the banking industry, the usage of third-party service providers has risen as well, resulting in cyber attacks growing correlatively. Therefore, Raymond Chan, the Executive Director (Banking Supervision) of the HKMA, has drawn up a circular addressed at all Chief Executives of authorized institutions (AIs) with guidelines on how to handle cyber security when using third-party service providers, referring ...
SFC’s enhanced position limit regime to take effect
ID 26376
The Securities and Futures Commission (SFC) has published a press release to inform that the new position limits regime as outlined in the above noted consultation conclusions will come into force on December 22, 2023. The final changes to the Securities and Futures (Contracts Limits and Reportable Positions) Rules have been made and will come into force on that day. Among other things, the ...
Dubai Financial Services Authority and Hong Kong Monetary Authority join efforts to ...
ID 26372
The Hong Kong Monetary Authority (HKMA) has issued a press release to inform that the Dubai Financial Services Authority (DFSA) and the HKMA itself have formed a partnership to bolster cross-border collaboration and support climate finance in the Middle East and Asia. This partnership aims to advance sustainable finance in the regions and contribute to the net-zero transition in alignment with the goals of ...