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ARTICLE · 11 JUNE 2019

French Legal And Regulatory Update – April 2019

Publication in the French Official Journal of 16 April 2019 of the Memorandum of Agreement between the Hong Kong Securities and Futures Commission (SFC) and the Autorité des Marchés Financiers (AMF)

FranceFinance and Banking
  • Banking

France - Hong Kong cooperation on Undertakings for Collective Investment (UCI)

Publication in the French Official Journal of 16 April 2019 of the Memorandum of Agreement between the Hong Kong Securities and Futures Commission (SFC) and the Autorité des Marchés Financiers (AMF) on the mutual recognition of covered funds, management companies and associated cooperation dated 10 July 2017

This agreement between the AMF and the SFC, entered into on 10 July 2017 (AMF - SFC MoA, NOR : AMFP1910156X, JO 16 apr.), the first of its kind between a member of the European Union and Hong Kong, provides for:

  • a fast-track authorisation procedure for the marketing of eligible French or Hong Kong UCITS to retail investors on each of the French and Hong Kong markets; and

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