Article - Variable Capital Company
Published on 30th January, 2020 by The Secretariat
The Variable Capital Companies ("VCC" or "SVCC") framework was officially launched by the Monetary Authority of Singapore ("MAS") and the Accounting and Corporate Regulatory Authority (ACRA) on 15 January 2020. A total of 20 investment funds were either newly incorporated or re-domiciled as VCCs in Singapore. As the legal adviser to one of the 18 fund managers selected by the MAS to be part of its VCC pilot programme, this article provides an overview of the VCC framework as well as details some of our current thoughts on the VCC framework.
Filed under: Corporate Matters