On 14 May 2021, SIN MAS issued guidelines for fund management firms.
- SIN MAS issued guidelines on licensing, registration and conduct of business for fund management companies, on how to qualify and conduct business as a fund manager.
- Follows January 2016 MAS issued guide on fund management companies.
- Set out eligibility criteria and application procedures for licensed fund management companies (LFMCs), venture capital fund managers (VCFMs), and registered FMCs.
- Also set out ongoing business conduct requirements relating to custody, valuation and reporting, conflicts of interest mitigation, disclosure, submission of periodic returns.