Sfc Bilateral Agreement

The mutual recognition of funds between Hong Kong and Thailand (“HK-TH MRF”) aims to facilitate cross-border offers of funds between Hong Kong SAR and Thailand in order to enrich the types of financial products offered and deepen reciprocal access between two financial markets. The HK-TH MRF is an important milestone in bilateral cooperation between Hong Kong and Thailand, following the signing of the Memorandum of Understanding on 29 November 2019 to strengthen economic relations between Hong Kong and Thailand. Bilateral agreements or Memoranda of Understanding – Information exchange agreements signed between two regulators can range from the exchange of public information (regulatory aspects, operator data) to the exchange of confidential information for enforcement purposes. Long before the creation of the IISOI, the expansion of cross-border transactions in securities and derivatives led to closer cooperation between regulators to ensure better investor protection and greater market integrity, which led to the conclusion of a large number of bilateral agreements. Learn more about the CFS risk reduction requirements and the ISDA Amendment Agreement. As the number of signatories to IOSCO MMOU has exceeded 100 in recent times (2014), which has led to an increase in the number of requests for assistance under this Agreement, the functioning of bilateral MOAs has decreased, in particular with regard to the exchange of information for implementation purposes. On September 1, 2019, the risky requirements for non-centralized OTC derivatives imposed by the Securities and Futures Commission (SFC) on licensed companies (SFC) came into effect. The International Swaps and Derivatives Association, Inc. (ISDA) has published a bilateral amendment agreement where by which industry participants can amend their hedging master agreements. The MoU is the first agreement between a member of the European Union and Hong Kong to define the regulatory framework for the distribution of eligible French and Hong Kong funds, which currently include general equity funds, pension funds and mixed funds. Securities Commission of Malaysia MOU 1998 Cooperation Agreement 2017 Cooperation is often based on memoranda of understanding defining agreed approaches to issues, from application to market developments.

Over the years, we have signed a series of bilateral or multilateral agreements with local, continental and overseas authorities. The HKMA strengthens its bilateral cooperation with banking supervisors from other economies and contacts or organises regular meetings with other supervisory authorities to discuss, if necessary, issues of common interest. . . .