Llinks shows aptitude for China-Hong Kong MRF work

Llinks Law Offices has advised on the registration process in mainland China for four of the six Northbound MRF (Mutual Recognition of Funds) funds that have been registered so far by the China Securities Regulatory Commission. They include the Hang Seng China H-Share Index Fund managed by Hang Seng Investment Management, and ZEAL Voyage China Fund managed by Zeal Asset Management in the first batch in December 2015, and CCB International - China Policy Driven Fund managed by CCB International Asset Management managed by CCB International and BOCHK All Weather China High Yield Bond Fund managed by BOCHK Asset Management in February 2016.

The MRF regime, which took effect from July 1 2015, refers to where onshore Chinese asset managers can sell their China-registered fund products directly to Hong Kong investors (southbound) and vice versa (northbound).

Llinks Law Offices’ investment funds practice is recommended in the 2016 edition of Asialaw Profiles.