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SFC signs fintech agreement with Abu Dhabi

Hong Kong’s Securities and Futures Commission (SFC) has signed a cooperation agreement with Abu Dhabi’s Financial Services Regulatory Authority (FSRA), establishing a cooperation framework for the fintech industries of each city. Key to the bilateral deal is a referral mechanism which enables fintech firms seeking to enter either market to receive regulatory assistance from the receiving-end authority. The agreement also facilitates information…

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