New Singapore Regulatory Regime for Venture Capital Managers Takes Effect

January 08, 2018
| Financial Services Quarterly Report

The Monetary Authority of Singapore (MAS) on 20 October 2017 announced a lighter-touch regulatory regime for qualifying venture capital (VC) fund managers in Singapore. The new regime is aimed at promoting the fund management industry and increasing funding for local early-stage start-ups in Singapore. That said, drawing from the American and European experience, it remains to be seen whether the new regime would be well received by VC managers as well as potential investors into VC funds in Singapore. Interestingly, the definition of a “start-up” is quite broad and there may be scope in certain circumstances for traditional private equity managers, focused on more mature businesses, to seek to qualify in accordance with the regime.

Read "New Singapore Regulatory Regime for Venture Capital Managers Takes Effect."