From Btimes.com.my: The Securities Commission (SC) has entered into a mutual recognition agreement to facilitate cross-border distribution of Islamic investment products with its Hong Kong counterpart - the Securities and Futures Commission (SFC) Hong Kong.

This is the second mutual recognition agreement entered into by the local regulator, and is a significant milestone for SC and the SFC in the area of cross-border regulation of Islamic investment funds, and the development of deeper and broader investment markets………………………….Full Article: Source