The Hong Kong Securities and Futures Commission and the Abu Dhabi Financial Services Regulatory Authority jointly organized a high-level roundtable meeting to explore asset management opportunities.

On September 11, the Securities and Futures Commission of Hong Kong (SFC) and the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) co-hosted a high-level roundtable meeting to explore opportunities for Hong Kong asset management companies in the Abu Dhabi Global Market. The roundtable meeting was chaired by Ms. Ashley Alder, Chief Executive Officer of the SFC, and Mr. Emmanuel Givanakis, Chief Executive Officer of the ADGM, with more than 20 senior executives from various Hong Kong asset management companies participating. The discussions at the meeting covered a range of topics, including providing opportunities for Hong Kong asset management companies to engage with investors from the Abu Dhabi Global Market, and accessing investors from across the United Arab Emirates through the fund passporting regime of the UAE. Ms. Alder stated, "Today's dialogue is built on the Memorandum of Understanding signed with the ADGM in May this year, demonstrating our ongoing commitment to expanding connections. By bringing together industry leaders and regulators, we continue to promote cooperation to facilitate Hong Kong asset management companies entering the UAE market." Mr. Givanakis said, "We are pleased to engage in constructive dialogue with the SFC at the high-level roundtable meeting. This meeting provides a valuable platform for both parties to explore emerging opportunities in the asset management industry. As a leading asset management center in the region, the Abu Dhabi Global Market is dedicated to promoting innovation, enhancing investor confidence, and achieving sustainable growth. We look forward to building on today's discussions to further enhance the competitiveness and resilience of our financial ecosystems." Following this, at an industry seminar, the ADGM clarified regulatory requirements for cross-border distribution of funds by asset management companies. Over 30 representatives from the local asset management industry attended the seminar.