Countdown to 1 July 2015: Accessing China and Australia via Hong Kong's Mutual Recognition Schemes
June 24, 2015
On 1 July 2015, two significant developments in the Asian funds space will come into effect. Hong Kong's Mutual Recognition of Funds Scheme with the PRC will – for the first time – allow international managers to distribute their funds to domestic Mainland Chinese retail investors, after such funds have been registered by the local Chinese Securities Regulatory Commission. Also, the existing (low profile) Hong Kong-Australia Mutual Recognition Scheme will receive a shot in the arm.
Read "Countdown to 1 July 2015: Accessing China and Australia via Hong Kong's Mutual Recognition Schemes."
