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SFC signs MoU with Luxembourg on mutual recognition of funds

Hong Kong’s Securities and Futures Commission (SFC) has signed an agreement with its counterpart in Luxembourg on the mutual recognition of funds (MRF) to facilitate the cross-border distribution of eligible funds. Inked by the SFC and the Commission de Surveillance du Secteur Financier (CSSF), the memorandum of understanding (MoU) will allow for the distribution of Hong Kong public funds and Luxembourg UCITS…

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