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BRIEF-Hong Kong SFC Signs MoU On Cross-boundary Wealth Management Connect

· 02/05/2021 03:59
BRIEF-Hong Kong SFC Signs MoU On Cross-boundary Wealth Management Connect

- HONG KONG SFC

  • SAYS IT SIGNS MOU ON CROSS-BOUNDARY WEALTH MANAGEMENT CONNECT PILOT SCHEME IN GUANGDONG-HONG KONG-MACAO GREATER BAY AREA

  • SAYS MOU AIMS TO PROVIDE FRAMEWORK FOR EXCHANGE OF SUPERVISORY INFORMATION AND ENFORCEMENT COOPERATION AS WELL AS LIAISON MECHANISM FOR INVESTOR PROTECTION ISSUES AMONG THE REGULATORY AUTHORITIES IN THE THREE JURISDICTIONS

  • SAYS MOU WOULD LAY FOUNDATION FOR THE LAUNCH OF THE SCHEME, WHICH WOULD DEEPEN FINANCIAL INTEGRATION OF THE GREATER BAY AREA

Source text in English: https://bit.ly/3ttLnbf


(Reporting by Hong Kong newsroom)

((meg.shen@thomsonreuters.com; 852-39525805;))