The Hong Kong Inland Revenue Department has announced the publication of subsidiary legislation for open-ended fund companies.
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The Government and the Securities and Futures Commission (SFC) published in the Gazette today (May 18) three pieces of subsidiary legislation to enable the implementation of the open-ended fund company (OFC) regime. The three pieces of subsidiary legislation are:
(a) the Securities and Futures (Amendment) Ordinance 2016 (Commencement) Notice (the Commencement …