June 29, 2017 BY Valentina Kirilova
Hong Kong SFC consults on new OFC Rules and OFC Code
The Securities and Futures Commission (SFC) announced that has launched a two-month consultation on the detailed legal and regulatory requirements applicable to the new open-ended fund company (OFC) structure. The OFC structure will enable investment funds to be established in corporate form in Hong Kong, in addition to the current unit trust form. The consultation…
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