28 Oct 2020
The Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) launched the Variable Capital Companies (VCC) framework early this year to encourage more funds to be domiciled in Singapore and enhance Singapore's value as an international fund management centre.
The VCC is a new corporate structure that can be used for a wide range of investment funds and provides fund managers greater operational flexibility and cost savings. Fund managers will be able to constitute investment funds as VCCs across both traditional and alternative strategies, and as open-ended or closed-end funds.
Join us to find out more about this new corporate structure and familiarize yourself with its characteristics and regulatory requirements. Find out what is required to plan fund structures, operate VCCs or service VCCs.
Welcome Remarks by IBF
Understanding the new VCC Framework
Armin Choksey, PwC Singapore – Assurance & Advisory – Asset & Wealth Management
• Understanding the building blocks of fund structuring• Basics of why VCC and how it compares to rest of fund structures• Understanding the VCC mechanics and its application in both asset and wealth management• Various actors in the ecosystems• High level introduction to tax incentives relevant to VCC
DID: 6305 5690