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Revenue law reform to enhance Hong Kong’s platform for exchange traded funds

Travis Benjamin recently contributed an article to Hong Kong Lawyer on the government’s draft legislation waiving stamp duty for the transfer of shares of units of exchange traded funds.

Travis explained the background to the legislation and the key points of the stamp duty amendment. He then commented, “Overall, this is a welcome step to promote the development, management and trading of ETFs in Hong Kong, and is in line with the approach of other financial centres like London and Singapore.”

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