Wealth and Asset Management
VCC Structures Are Positioning Singapore as a Prime Global Location for Wealth Management
Following a successful pilot programme carried out by 18 fund managers in September 2019, the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) launched the Variable Capital Company (VCC) framework on January 15, 2020, as a major new type of fund vehicle. Among the MAS’s…
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