SFC to enhance open-ended fund company scheme after muted response

24 February 2020 | 3 minutes read

The Hong Kong Securities and Futures Commission (SFC) consultation on proposed enhancements to its open-ended fund companies (OFC) regime ended on 20 February 2020. The SFC consultation was launched in December 2019 to encourage more private funds to set up in Hong Kong. The changes which the SFC proposed would allow Type 1 licensed or registered intermediaries, independent from the…

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