Good news for fund houses in France and Hong Kong: The Financial Market Supervisory Authorities in France (“AMF”) and Hong Kong (“SFC”) have signed a Memorandum of Understanding (MoU) regarding the mutual recognition of funds. This will give fund distributors and investors in both countries easy access to a large selection of new investment opportunities as the agreement allows funds from Hong Kong and funds from France to be sold to investors in the respective market.
After similar agreements with Mainland China and Switzerland, this agreement between Hong Kong and France is the first with a member of the European Union to set the regulatory framework for buying and selling funds.
To facilitate fast time-to-market, we at fundinfo (www.fundinfo.com) provide fund houses in France and Hong Kong cost-efficient services for the publication and dissemination of fund information. To learn more about specific publication requirements and how fundinfo can help, please get in touch with your local fundinfo sales person or contact fundinfo for details about publishing and disseminating your cross-border fund information in Hong Kong and France on www.fundinfo.com.