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Hong Kong's Securities And Futures Commission Proposes Amendments To The Code On Unit Trusts And Mutual Funds

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The Securities and Futures Commission (SFC) today launched a three-month consultation on proposed amendments to the Code on Unit Trusts and Mutual Funds (UT Code) (Note 1) to update the regulatory regime for SFC-authorized funds and address risks posed by financial innovation and fast-moving market developments (Note 2).

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