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SFC exploring B2B fund exchange platform to broaden distribution chain

The Securities and Futures Commission (SFC) is assessing the feasibility an “exchange-based, business-to-business (B2B)” fund distribution platform, in order to broaden the “extremely concentrated” fund distribution chain in Hong Kong, according to Ashley Alder, the Hong Kong regulator’s CEO. The benefits of developing an exchanged-based, B2B online platform, Alder said, include the introduction of a standardised, automated investment fund-shelving process,…

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