The Securities and Futures Commission (SFC) of Hong Kong has entered into memoranda of understanding (MoU) with European authorities on the supervision of alternative investment fund managers.
The MoU signed by the SFC is concerning consultation, cooperation and the exchange of information related to the supervision of AIFMD entities (AIFMD MoU) with competent authorities of 28 European Union or European Economic Area countries respectively.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The AIFMD MoU, as required by the AIFMD, is in identical terms and conditions and has come into effect from 22 July 2013.
The SFC added that the AIFMD MoU provides a framework for mutual assistance in the supervision and oversight of managers of alternative investment funds that operate on a cross-border basis, and for exchange of information for supervisory and enforcement purposes in a manner consistent with and permitted by all applicable laws and requirements.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
