SFC and CSRC enter into an MoU on regulatory cooperation

Joint Announcement of the China Securities Regulatory Commission and the Hong Kong Securities and Futures Commission

This Memorandum of Understanding (MoU) marks a significant milestone in the deepening of cross-border regulatory cooperation on matters concerning the listing of Mainland enterprises in Hong Kong. It seeks to improve coordination between the two regulators and ensure that domestic companies listed overseas comply with relevant laws and regulations. The MoU details specific measures that both parties have agreed upon, including establishing a joint working group to facilitate information exchange and communication. The agreement also outlines the responsibilities of each regulator in relation to approving overseas listings by domestic companies and monitoring compliance with applicable laws and regulations. In addition, the MoU between the China Securities Regulatory Commission (CSRC) and the Securities and Futures Commission (SFC) of Hong Kong sets out specific measures for cooperation in share issuance, listing, cross-border enforcement, supervision of intermediaries, investor protection, and market development.

resource: https://apps.sfc.hk/edistributionWeb/gateway/EN/news-and-announcements/news/doc?refNo=23PR4


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