Highlighting the positioning of inclusive finance, the China Securities Regulatory Commission further optimizes the registration and review arrangements for mutual recognition funds in Hong Kong.
Reporters learned from industry insiders that the China Securities Regulatory Commission recently further optimized the review arrangements for Hong Kong mutual recognition funds in its institutional supervision report. The aim is to prudently promote the implementation of the "Regulations on the Administration of Hong Kong Mutual Recognition Funds", better reflect the original intention of inclusive policies, and strengthen the protection of small and medium investors. In the next step, the regulatory authorities stated that they will prudently and orderly advance the registration of Hong Kong mutual recognition fund products according to the above-mentioned review arrangements, simultaneously conduct policy implementation effectiveness assessments, timely improve in accordance with market conditions, better consolidate consensus, and promote the smooth development of the Hong Kong mutual recognition fund business.
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