The Guernsey and Hong Kong regulators have moved to improve cross-border trading between the two jur...
The Guernsey and Hong Kong regulators have moved to improve cross-border trading between the two jurisdictions. By signing a Letter of Intent with the Guernsey Financial Services Commission (GFSC), Hong Kong's Securities & Futures Commission (SFC) has established its first such link with a regulatory body outside Asia. The letter provides a framework for the supervision of investment products and cross-border trading between the two jurisdictions. It builds on an agreement between the GFSC and the SFC in 1992. In this agreement Guernsey Class A collective investment schemes were recogn...
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