Hong Kong, Global Mutual Funds

Hong Kong – the Securities and Futures Ordinance enacted in March 2002 and operational from April 2003, combined into a single ordinance all previously existing ordinances for the regulation of the securities and futures markets, principally the 1974 Protection of Investors Ordinance and the Securities Ordinance. Hong Kong also has a series of Codes, the first of which – the Code on Unit Trusts – was enacted in 1978, when the Committee on Unit Trusts was formed to administer the Code.

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