OFC

Extension of Grant Scheme for OFC & REIT

Extension of Grant Scheme for OFC & REIT 1400 787 Hauzen LLP
SFC announced 3yr extension of grant scheme to subsidise setting up of open-ended fund companies and real estate investment trusts in Hong Kong – open for applications 10 May 2024.

Companies Registry News Update: Introduction of Re-domiciliation Mechanisms under Open-ended Fund Company & Limited Partnership Fund Regimes

Companies Registry News Update: Introduction of Re-domiciliation Mechanisms under Open-ended Fund Company & Limited Partnership Fund Regimes 1920 1080 Hauzen LLP
On 15 Oct 2021, the Companies Registry published an external circular introducing the new fund re-domiciliation mechanisms under the open-ended fund company regime and the limited partnership fund regime.

HKSAR Govt welcomes passage of Securities and Futures (Amd) Bill 2021 & Limited Partnership Fund and Business Reg Legislation (Amd) Bill 2021

HKSAR Govt welcomes passage of Securities and Futures (Amd) Bill 2021 & Limited Partnership Fund and Business Reg Legislation (Amd) Bill 2021 1920 1080 Hauzen LLP
On 30 September 2021, the Secretary for Financial Services and the Treasury welcomed the passage of the Securities and Futures (Amendment) Bill 2021 and Limited Partnership Fund and Business Registration Legislation (Amendment) Bill 2021 by the Legislative Council, which are intended to spur the rapid development of the asset and wealth management business of Hong Kong.
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