Hong Kong passes Limited Partnership fund regime
The Hong Kong government has passed the limited partnership fund bill by the legislative council.
The bill launches a limited partnership fund regime, enabling private investment funds to register as limited partnerships in Hong Kong. It comes into effect on 31 August 2020.
The regime is an opt-in registration, administered by Companies Registry.
In a statement, secretary for financial services and the treasury Christopher Hui said the new bill made impressive strides in attracting investment funds, including private equity and venture capital, to operate in Hong Kong.
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