The Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) launched the Variable Capital Companies (VCC) framework today. The VCC is a new corporate structure that can be used for a wide range of investment funds and...
The Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) have launched the Variable Capital Companies (VCC) framework in Singapore. The Variable Capital Company Act is a new corporate structure that can be...
MAS is consulting on proposed regulations for VCC insolvency and winding up The Variable Capital Companies Act (“VCC Act”) was passed in Parliament on 1 October 2018. The VCC Act provides the legislative framework for the incorporation, operation, and regulation of a...
CONSULTATION PAPER ON THE PROPOSED FRAMEWORK FOR VARIABLE CAPITAL COMPANY (VCC) PART 2 The Variable Capital Companies Act (“VCC Act”) was passed in Parliament on 1October 2018. The VCC Act provides the legislative framework for the incorporation, operation, and...
Introduction: Singapore has pioneered a specialized corporate structure to attract more investment funds to be set-up. With the introduction of the Variable Capital Companies (VCC) Bill (the “Bill”), fund managers will be able to experience greater flexibility to make...
Introduction: On 10 September 2018, the Monetary Authority of Singapore (MAS) published its response to feedback (the Response Paper) on its public consultation on the proposed framework for Variable Capital Company (“VCC”), which was issued on 23 March...
