Licence Requirements for Crypto Funds

Are there licensing requirements for running a fund which invests in crypto?


There is a concept of collective investment schemes (CIS) found within the Securities and Futures Act 2001, and typically crypto funds will fall within the definition of a CIS. This means that the manager of the fund will be regulated and require a licence or be duly exempted. There will also be prospectus and disclosure obligations for the issuer of any rights or interest in the CIS, along with the requirement for authorisation or recognition by MAS. 

See also: prospectus requirements for offers of units in a CIS


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