July marked the implementation of the long-discussed open-ended fund company (OFC) structure in Hong Kong, providing an alternative to unit trusts and more flexibility on share capital adjustment. The Securities and Futures Commission (SFC) gazetted the Code on Open-ended Fund Companies and relevant forms for the implementation of the OFC regime last week, which came into legislation last Monday. The legislation…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]