Hong Kong's Securities and Futures Commission has amended Annex A of the requirements that it calls on all recognised Swiss funds to meet.

These requirements are derived from the Overarching Principles Section of its rulebook and the Code on Unit Trusts and Mutual Funds, also known as the UT code. In general, the SFC will deem a Recognised Swiss Fund to have complied substantially with the requirements of the UT Code.

The SFC and the Swiss Financial Market Supervisory Authority, FINMA, signed a Memorandum of Understanding on Switzerland-Hong Kong Mutual Recognition of Funds and Asset Managers in 2016. This allows both parties to 'recognise' the others' asset managers and publicly offered funds in their markets.

In Hong Kong, each Recognised Swiss Fund must be managed by a Swiss Fund Management Company that is authorised by FINMA to manage publicly offered securities funds pursuant to Swiss laws and regulations and in accordance with (the Swiss) article 28 Federal Act on Collective Investment Schemes.