authorization. Under the ARFP framework, efforts are made to unify the mutual entry processes for funds that are managed in accordance with the ARFP rules agreed upon among the relevant regulators of the

are managed in accordance with the ARFP rules agreed upon among the relevant regulators of the participating economies.    Memorandum of Cooperation on the Establishment and Implementation of the Asia

participating fund managers have the necessary experience and track record in managing retail funds, and funds offered under the framework are regulated and managed based on industry best practices. ​ Regulatory

upon approval as an ARFP fund and host jurisdiction authorization. Under the ARFP framework, efforts are made to unify the mutual entry processes for funds that are managed in accordance with the ARFP

retail funds, and funds offered under the framework are regulated and managed based on industry best practices. ​ Regulatory Summary Related Manuals/Guidelines Related Rules and Regulations Related Forms

 means any legal entity obtaining the license to undertake securities business which is not: (1) any legal entity supervised by any other governmental agencies before obtaining securities business license