Distribution
Luxembourg and Hong Kong regulators strike agreement on fund sales
Luxembourg UCITS retail funds will benefit from 'streamlined process' for distribution
The Luxembourg and Hong Kong financial watchdogs have signed an agreement intended to boost fund sales into each other's markets.
The Commission de Surveillance du Secteur Financier (CSSF) said on Tuesday it has agreed a Memorandum of Understanding with the Securities and Futures Commission on the mutual recognition of funds.
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