Publication
Distress signals: Cooperation agreements or mergers to the rescue in times of crisis?
The current volatile and unpredictable economic climate creates challenges for businesses.
Global | Publication | August 2024
On 19 April 2024, the China Securities Regulatory Commission (CSRC) published five cooperative measures on a high level basis relating to the Stock Connect and the Mutual Fund Recognition regimes respectively between mainland China and HKSAR. These measures have been or will be implemented by more detailed rules intended to further enhance HKSAR’s status as an international financial centre, and to promote the coordinated development of the two capital markets.
Some key highlights of these measures include:
Noting that this is not the first time that mainland China and HKSAR authorities have initiated measures to facilitate the various connects between both financial markets. Earlier in February 2024, revised rules governing the Cross-boundary Wealth Management Connect Pilot Scheme in the Guangdong-Hong Kong-Macao Greater Bay Area (the GBA Wealth Management Connect) came into effect, which upgraded the GBA Wealth Management Connect regime to its version 2.0. Key developments include:
It is clear that, by upgrading the regimes for various connections between HKSAR and mainland China, the PRC central government aims to speed up the movement of funds (especially RMB) on a cross border basis and ultimately to promote RMB internationalisation to the next level.
Publication
The current volatile and unpredictable economic climate creates challenges for businesses.
Publication
Recent tariffs and other trade measures have transformed the international trade landscape, impacting almost every sector, region and business worldwide.
Publication
In mid-March 2025, Cognia Law and Norton Rose Fulbright’s Legal Operations Consulting team co-hosted a second roundtable event that brought together senior leaders, including GCs, COO and head of legal operations, from across the legal industry to discuss how to drive meaningful change within the legal ecosystem.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2025