Amendments to Hong Kong Code on Unit Trusts and Mutual Funds effective 1 January 2019
Introduction
On 6 December 2018, Hong Kong’s Securities and Futures Commission (SFC) released its consultation conclusions[1] to its consultation[2] on proposed amendments to the Hong Kong Code on Unit Trusts and Mutual Funds (Hong Kong Code on Unit Trusts). The amendments are aimed at updating the regulatory regime for SFC-authorised funds and addressing the risks posed by financial innovation and other market developments. Read More…