The Securities and Futures Commission of Hong Kong and the Abu Dhabi Global Market Financial Services Regulatory Authority are enhancing regulatory cooperation in supervising cross-border investment management activities.
The translation is: "Zhtng Cijng APP learned that the Securities and Futures Commission (SFC) of Hong Kong and the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) have signed a memorandum of understanding to enhance cooperation in supervising investment managers of collective investment schemes in both jurisdictions. The memorandum of understanding establishes a framework for consultation, cooperation, and information exchange in overseeing regulated entities engaged in cross-border fund management, investment management, or advisory activities."
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