Singapore launches framework in bid to draw more funds

clock • 1 min read

Singapore is launching a new framework designed to attract more global investment funds and investors to be based in the city. The scheme was announced this morning by the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA), and is set up to give fund managers more flexibiity for share issuance and dividend payouts. The scheme is to be launched as part of the Variable Capital Companies (VCC) framework. At the same time, MAS announced the launch of a grant scheme to promote the framework and encourage fund managers to sign up. Twenty inves...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.