Understanding between the Securities and Futures Commission of Hong Kong and the Securities and Exchange Commission of Thailand Concerning Mutual Recognition of Covered Funds and Covered Management Companies and
Thailand Concerning Mutual Recognition of Covered Funds and Covered Management Companies and related Cooperation (“HK-TH MRF MoU”) on 20 January 2021. To ensure that business operators have the same
/254 7 Re: Application Form for Approval of Private Fund Custodian and Supporting Documents By virtue of Clause 8 and the second paragraph of Clause 11 of the Notification of the Securities and Exchange
/2547 Re: Application Form for Approval of Private Fund Custodian and Supporting Documents By virtue of Clause 8 and the second paragraph of Clause 11 of the Notification of the Securities and Exchange
be covered the operating expenses, especially fixed expenses. As the result, the change in the profit of Q3–2020 was higher than the change in revenue. -2- Operating Results and Capabilities to Make
tends to contraction more than expected. The decreased domestic and foreign demand resulted in a strong contraction in private investment and it also still contracted in almost all components except
result, Private investment has declined dramatically while the Tourism sector has not yet recovered. The overall economic support comes from the government spending. Both fixed expenses and capital
: Summary of rules on Mutual Recognition of Funds between Hong Kong Special Administrati Covered Funds in Hong Kong under HK-TH MRF (Outbound) 2.1 Application for establishment of a Thai fund under HK-TH MRF