MAS launches new variable capital companies grant scheme to defray costs for fund managers

SINGAPORE - The Monetary Authority of Singapore on Wednesday launched a new variable capital companies grant scheme to help fund managers defray costs when incorporating or registering a VCC.

Available for up to three years, the new grant scheme will be funded by the Financial Sector Development Fund established by MAS in 1999. The framework aims to give fund managers more flexibility and cost savings while encouraging more funds to be domiciled in Singapore.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Singapore launches new fund framework to bolster finance industrySINGAPORE: Singapore launched a new corporate structure for investment funds with 20 so-called Variable Capital Companies (VCC) on Wednesday (Jan ...
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »

Singapore bolsters financial industry with move to lure fundsSingapore has made it easier for investment firms to register funds locally, as the city-state strives to increase its allure as a financial hub.
مصدر: YahooSG - 🏆 3. / 71 اقرأ أكثر »