The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) recently had their first in-person high-level meeting since the pandemic to discuss effective enforcement cooperation. They acknowledged the positive outcomes of their cross-boundary enforcement cooperation since 2016, including regular meetings, successful collaboration in providing investigatory assistance, and prioritizing support for major cases. During the meeting, they agreed to launch coordinated investigations on a case of mutual concern, explore ways to combat cross-boundary securities crimes, maintain efficient cooperation on the working-level, and resume in-person joint training for enforcement officers. They also discussed issues relating to cross-boundary enforcement cooperation and exchanged views on the provision of enforcement cooperation according to their respective functions and relevant laws. With mutual access between the Hong Kong and the Mainland capital markets deepening, both regulators recognize the new challenges and opportunities for enforcement cooperation.