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Hong Kong, Thailand sign Mutual Recognition of Funds agreement

The Hong Kong Securities and Futures Commission (SFC) and Thailand’s Securities and Exchange Commission (SEC) have entered an Mutual Recognition of Funds (MRF) agreement. The SFC signed a Memorandum of Understanding (MoU) with SEC on Wednesday. Both regulators will endeavour to expedite the approval process of a local feeder fund investing in an MRF-eligible Thai or Hong Kong master fund…

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