The Variable Capital Companies Act 2018 (VCC Act), which is the governing legislation for the new Variable Capital Company (VCC) fund structure in Singapore, and the related subsidiary legislation have come into operation as...more
The Monetary Authority of Singapore (MAS) released a consultation paper (Insolvency and Winding-Up Consultation Paper) on 24 July pertaining to the proposed insolvency and winding-up regime (Insolvency Regime) for the...more
On 30 April 2019, the Monetary Authority of Singapore (MAS) published two consultation papers (Consultation Papers) pertaining to the proposed new regulations for the Variable Capital Company (VCC) framework. The first...more
Assets under management in Singapore continue to grow. The Monetary Authority of Singapore (MAS) reported in its annual industry survey that assets under management (AUM) managed by Singapore-based managers grew 7% to...more