29Jun‘Is My Single Family Office Required to Be Licensed in Singapore?’
MAS recently issued new guidance on the licensing and registration of fund management companies to clarify the regulatory treatment for single family offices (‘SFOs’).
29JunSingapore Companies (Amendments) Act 2017
Following recent amendments to the Companies Act, new requirements have been introduced and are effective from 31 March 2017. Key legislative amendments include the register of controllers and register of nominee directors.
29JunMAS Introduces New Corporate Structure for Investment Fund
MAS concluded a public consultation on a new corporate structure for investment funds designed to offer asset managers greater flexibility and lower costs, and further enhance Singapore’s status as a focal point for asset management in Asia.
13MarThe Cook Islands Meeting International Regulatory Standards
The Cook Islands is complying with its international obligations in relation to anti money laundering and the countering of terrorist financing, transparency, and the exchange of financial information to combat tax evasion.