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Compliance Corner - SFC, CBIRC

Editorial Staff

12 June 2018

SFC, CBIRC
 (CBIRC) and the (SFC) have entered into a Memorandum of Understanding (MoU).

The new agreement will surround the cooperation and exchange of information between the two authorities about regulated entities of the CBIRC or the SFC that operate on a cross-boundary basis in Hong Kong and Mainland.

The MoU will allow the CBIRC and the SFC to cooperate in the areas of investor protection, promoting the competence and integrity of cross-boundary regulated entities, fostering market and financial integrity, reducing systemic risk and maintaining financial stability.