SEC has amended the procedure to make it easier for asset management companies to seek a unitholders’ resolution to revise or modify a mutual fund project and its management procedure by
contradictory or inconsistent with the cooperative framework under HK-TH MRF. The details are as follows: 2.1 Inbound regulations · Hong Kong Covered Management Companies shall comply with the provisions
Funds Passport (ARFP) (List of the Notifications in Enclosure 5) shall also apply to HK-TH-MRF on the condition that they are not contradictory or inconsistent with the cooperative framework under HK-TH
Schemes (ASEAN CIS) and the Asia Region Funds Passport (ARFP) shall also apply to HK-TH-MRF on the condition that they are not contradictory or inconsistent with the cooperative framework under HK-TH MRF
regulations governing the ASEAN Collective Investment Schemes (ASEAN CIS) and the Asia Region Funds Passport (ARFP) shall also apply to HK-TH-MRF on the condition that they are not contradictory or inconsistent
been a change in the necessary circumstances as provided in the first paragraph, the Minister upon the recommendation of the SEC may modify or change the conditions already specified.
conflicting objectives, for example where the same institution is charged with attracting business and sanctioning violations, should be avoided or managed through clear governance provisions. Overlapping and