Mutual recognition of funds: the countdown is on

The much-anticipated Mainland-Hong Kong mutual recognition of funds scheme will come into effect on 1 July 2015, the 18th anniversary of the establishment of the Hong Kong Special Administrative Region.

Our three client alerts, outline the requirements for northbound and southbound funds, and provide a summary of further guidance issued by the SFC in the form of FAQs:

• Further guidance from the SFC on mutual recognition of southbound funds
• Mutual Recognition of Funds – Gateway for distribution of Hong Kong funds in China
• Mutual Recognition of Funds – A New “Passport” to China and Hong Kong effective on 1 July, 2015