Hong Kong SFC & Canada Ontario Securities Commission (OSC) Sign MoU to Cooperate on Supervision of Investment Managers of Collective Investment Schemes to Protect Investors, Facilitate Information Sharing, Opening New Markets & Laying Foundation for Asset Managers to Offer Cross-Border Investment Management Services in Hong Kong & Canada
14th May 2025 | Hong Kong
The Hong Kong Securities & Futures Commission (SFC) and Canada Ontario Securities Commission (OSC) have signed a MoU (Memorandum of Understanding) to cooperate on supervision of investment managers of collective investment schemes to protect investors, facilitate information sharing, opening new markets & laying the foundation for asset managers to offer cross-border investment management services in Hong Kong & Canada. Announcement (13/5/25): “The Securities and Futures Commission (SFC) and the Ontario Securities Commission (OSC) of Ontario, Canada, today signed a Memorandum of Understanding (MoU) to enhance cooperation on the supervision of investment managers of collective investment schemes operating in either jurisdiction. Both sides entered into the MoU on the sidelines of the annual general meeting of the International Organization of Securities Commissions in Doha, Qatar, earlier today. The MoU would strengthen regulatory collaboration and facilitate the exchange of information between the SFC and the OSC. Following signing of the MoU, the SFC has included Ontario of Canada on its list of Acceptable Inspection Regimes. The inclusion will facilitate OSC-licensed managers in providing investment management services in respect of SFC-authorised funds (Note 1).”
“ Hong Kong SFC & Canada Ontario Securities Commission (OSC) Sign MoU to Cooperate on Supervision of Investment Managers of Collective Investment Schemes to Protect Investors, Facilitate Information Sharing, Opening New Markets & Laying Foundation for Asset Managers to Offer Cross-Border Investment Management Services in Hong Kong & Canada “
Note:
- Note to 5.1 of the Code on Unit Trusts and Mutual Funds provides that the management company or the investment delegate (who has been delegated the investment management function of a scheme) should either be licensed or registered in Hong Kong or based in a jurisdiction with an inspection regime acceptable to the SFC.
Hong Kong SFC & Canada Ontario Securities Commission (OSC) Sign MoU to Cooperate on Supervision of Investment Managers of Collective Investment Schemes to Protect Investors, Facilitate Information Sharing, Opening New Markets & Laying Foundation for Asset Managers to Offer Cross-Border Investment Management Services in Hong Kong & Canada

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