The Securities and Futures Commission (SFC) and the Securities and Exchange Commission of Thailand (SEC) announce that the implementation of the Mutual Recognition of Funds scheme (MRF) has come into effect (Note 1).
Further details of the MRF are set out in the “SFC circular” and the “SEC circular” issued on 20 January 2021.
Corresponding Frequently Asked Questions have also been published on the SFC website.
Note:
- The Hong Kong-Thailand MRF scheme came into effect on 16 June 2021 after the SFC and the SEC entered into a Memorandum of Understanding on Mutual Recognition of Funds on 20 January 2021 to allow eligible Hong Kong and Thai public funds to be distributed in each other’s market through a streamlined process. Please see the SFC’s press release dated 20 January 2021.
