Posted inRegulation

HK signs cross-border cooperation agreement with the US

Hong Kong's Securities and Futures Commission has entered into a memorandum of understanding on cross-border cooperation with the US Securities and Exchange Commission.

The memorandum provides consultation, cooperation and the exchange of information related to the supervision and oversight of regulated entities operating on a cross-border basis in Hong Kong and the US.

The memorandum was signed on 18 January 2017 by SFC chief executive Ashley Alder and SEC chair Mary Jo White.

It covers exchanges and other trading venues, market intermediaries, investment funds or companies, clearing agencies and credit rating agencies.  

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