Mutual Recognition of Funds

E717470

Mutual Recognition of Funds is a cross-border investment scheme that allows eligible mutual funds authorized in mainland China and Hong Kong to be offered and sold in each other’s markets.

All labels observed (2)

How this entity was disambiguated

Statements (42)

Predicate Object
instanceOf cross-border investment scheme ⓘ
fund passporting arrangement ⓘ
allows offering of eligible Hong Kong funds in mainland China ⓘ
offering of eligible mainland China funds in Hong Kong ⓘ
appliesTo publicly offered mutual funds ⓘ
basedOn memorandum of regulatory cooperation between CSRC and SFC ⓘ
benefit broader product choice for investors in both markets ⓘ
distribution opportunities for fund managers across the border ⓘ
eligibilityCriterion fund manager must satisfy regulatory and experience requirements ⓘ
fund must be authorized for public offering in its home market ⓘ
fund must meet minimum track record requirements ⓘ
fund must meet size and asset under management thresholds ⓘ
excludes closed-end funds not meeting eligibility criteria ⓘ
hedge funds ⓘ
private funds ⓘ
feature eligibility requirements for participating funds ⓘ
home jurisdiction regulation principle ⓘ
host jurisdiction recognition of home-authorized funds ⓘ
mutual market access for public funds ⓘ
ongoing regulatory cooperation between CSRC and SFC ⓘ
quota control on cross-border fund flows ⓘ
hasFullName Mutual Recognition of Funds between Mainland China and Hong Kong ⓘ
involves ongoing reporting obligations to both home and host regulators ⓘ
recognition of disclosure documents by host regulator ⓘ
jurisdiction Hong Kong ⓘ
linked to: Hong Kong, China

Mainland China ⓘ
linked to: China
market Hong Kong fund investors ⓘ
mainland China fund investors ⓘ
objective facilitate two-way opening of mainland China capital markets ⓘ
promote cross-border fund distribution between mainland China and Hong Kong ⓘ
support development of Hong Kong as an international asset management center ⓘ
regulator China Securities Regulatory Commission ⓘ
Hong Kong Securities and Futures Commission ⓘ
relatedTo Bond Connect ⓘ
Stock Connect ⓘ
cross-border fund passporting schemes in Asia ⓘ
requires regulatory approval in host jurisdiction for cross-border offering ⓘ
risk cross-border supervisory coordination challenges ⓘ
regulatory arbitrage concerns ⓘ
shortName MRF ⓘ
supervisionPrinciple home regulator primarily responsible for prudential supervision ⓘ
host regulator responsible for conduct and distribution oversight ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Shanghai–Hong Kong Stock Connect → relatedProgram → Mutual Recognition of Funds ⓘ
Mutual Recognition of Funds → hasFullName → Mutual Recognition of Funds between Mainland China and Hong Kong ⓘ
linked to: Mutual Recognition of Funds
Northbound Trading → relatedProgram → Mutual Recognition of Funds ⓘ