Monetary Authority of Singapore issues new VC fund manager rules

The Monetary Authority of Singapore (MAS) – the country’s central bank – today revealed a streamlined framework for the regulation of VC fund managers.

The relaxed requirements for managing VC funds are intended to make it easier for startups to access growth capital. The revised rules largely reflect proposals put forward by MAS alongside a public consultation earlier this year, after the Singaporean government’s Committee on the Future Economy (CFE) recommended that VC regulation be simplified in order to encourage more investment into the country.

Source: MAS issues new VC fund manager rules