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MRF lays “good foundation” for recognition of UK-domiciled funds amid Brexit: SFC

The mutual recognition of funds (MRF) agreement recently penned by the Securities and Futures Commission (SFC) and the Financial Conduct Authority (FCA) lays a “good foundation” for recognising UK domiciled funds in Hong Kong if Brexit goes ahead in March, said Christina Choi, executive director of the investment products division at the SFC. Ongoing preparations for the possible impact of…

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