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Mutual recognition seen as milestone, but queries raised

Leigh Powell
Industry welcomes long-awaited launch date and raises prospect of expansion, but ponders who’s best placed to benefit and whether compromises are being made.
Mutual recognition seen as milestone, but queries raised

Senior figures from Hong Kong’s funds industry have expressed excitement and surprise at the landmark announcement of mutual recognition, which if successful is expected to result in the scheme’s expansion to other jurisdictions.

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