Taiwan seeks HK recognition for funds

Jan 24, 2005

The SFC''s Andrew Sheng will be invited to sign an MOU next month recognizing Taiwanese mutual funds.

Taiwan's Financial Supervisory Commission (FSC) is inviting Andrew Sheng, chairman of Hong Kong's Securities & Futures Commission (SFC), to sign a memorandum of understanding that would recognize Taiwan mutual funds, allowing them to be marketed in Hong Kong, according to fund managers in Taipei.

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