Singapore presents plans for new fund regime
The Lion City plans to introduce an open-ended investment company framework in the next 12 months, with a view to making it more attractive as a domicile for foreign fund houses.
Singapore aims to introduce a framework for open-ended investment companies (OEICs) within the next 12 months as part of efforts to encourage asset managers to domicile products in the city state.
Indranee Rajah, Singapore’s senior minister of state for law and finance, made the announcement at the IMAS conference in the Lion City yesterday.
The Monetary Authority of Singapore and the Accounting and Corporate Regulatory Authority are studying the introduction of a regime for OEI…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.