CSRC won't hinder cross-border scheme: SFC
The change of leadership at China's securities regulator will not slow the progress of the cross-border fund mutual-recognition scheme, says Hong Kong's Securities and Futures Commission.
![CSRC won't hinder cross-border scheme: SFC](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FXiao%20Gang%2020130318%20(wikipedia).jpg&c=1&h=677&q=100&v=20243201&w=1204)
The deputy head of Hong Kong’s securities watchdog has dismissed speculation that the new chair of the China Securities Regulatory Commission will hinder the launch of the China-Hong Kong mutual-recognition scheme for funds.
Under the scheme, announced in January by Hong Kong’s Securities and Futures Commission, qualified SFC-authorised funds domiciled in Hong Kong will become “recognised Hong Kong funds”, while Chinese counterparts will become “recognised mainland funds”. These f…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.