The Securities and Futures Commission of Hong Kong and the Abu Dhabi Financial Services Regulatory Authority strengthen regulatory cooperation in supervising cross-border investment management activities.

On May 15, the Securities and Futures Commission of Hong Kong announced the signing of a Memorandum of Understanding with the Financial Services Regulatory Authority of Abu Dhabi Global Market to enhance cooperation in supervising investment managers of collective investment schemes in both jurisdictions. The Memorandum of Understanding establishes a framework for consultation, cooperation, and information exchange on the supervision and monitoring of regulated entities engaged in cross-border fund management, investment management, or advisory activities.