Hong Kong's SFC signs accord with U.S. SEC
The Securities and Futures Commission of Hong Kong signed a memorandum of understanding on Jan. 18 with the Securities and Exchange Commission of the U.S. providing for consultation, cooperation and the exchange of information regarding the supervision and oversight of regulated entities that operate on a cross-border basis in the two jurisdictions. The MOU covers exchanges and other trading venues, market intermediaries, clearing- houses, investment funds and credit rating agencies.
