The Briefing.

Mutual Recognition of Funds (MRF) between the United Arab Emirates (UAE) and Hong Kong (Note: The Securities and Commodities Authority as referred to in this circular has been renamed as the Capital Market Authority)

Worth readingProducts

What the SFC said

The SFC and the UAE Securities and Commodities Authority (now the Capital Market Authority) signed a memorandum of understanding on 17 September 2025 establishing mutual recognition of funds. Eligible UAE-domiciled funds may seek SFC authorisation for public offering in Hong Kong, subject to the circular's eligibility and ongoing requirements.

Read the official circular on sfc.hk ↗

This page is our summary and commentary, not the circular itself — always read the original before acting.

Same month in the Record

Get circulars like this explained every Monday.

The 5-minute briefing for Hong Kong’s small licensed firms — free, 7:30am HKT.