Repeal of Singapore’s Registered Fund Management Company regime
On 24 October 2023, the Monetary Authority of Singapore published a Consultation Paper which proposes to repeal the regulatory regime for registered fund management companies in efforts to streamline the regulatory regime for fund management companies.
In this article, we summarise the key points of the Consultation Paper, including the proposed transitional arrangements and the potential effects of the notable shift in Singapore’s regulatory regime for registered fund management companies.
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