Regulatory Alerts2026-07-23
Added · Updated
Mutual Recognition of Covered Funds between Malaysia and Hong Kong
The Securities and Futures Commission (SFC) and the Securities Commission Malaysia (SC) supersede their 2009 circular with a new framework expanding the Mutual Recognition of Funds (MRF) to covered funds and establishing a simplified dual IPO listing. Malaysian Funds must comply with specific eligibility requirements, appoint Hong Kong representatives, and adhere to ongoing disclosure, language, and fee obligations to obtain SFC authorization under Section 104 of the Securities and Futures Ordinance. The document details operational rules for investor protection, including simultaneous notification of changes and breaches, and outlines the application process requiring a certificate from the SC confirming eligibility.
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