The Securities and Futures Commission (SFC) has implemented an open-ended fund company (OFC) structure to improve Hong Kong’s competitiveness as a preferred fund domicile. The OFC structure offers investment companies an alternative to unit trusts — the only structure available for funds in Hong Kong until now. According to the SFC, OFCs allow greater flexibility on share capital adjustment than…
SFC implements open-ended fund company structure
30 July 2018

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