Outsourcing Regulations for all fund management companies and fund managers (LFMC, RFMC, VCFM)

Are fund management companies required to submit their outsourcing registers to MAS on a yearly basis?


  • No.

    According to MAS (FAQs)

    last revised on 12 October 2021

    FMCs are not required to submit their outsourcing registers to MAS on a yearly basis. MAS will give reasonable notice to FMCs when MAS requires the registers for our supervisory purposes, and FMCs are expected to promptly submit a copy of the register. As a matter of good practice, an FMC should include all outsourcing arrangements in its outsourcing register. This includes intra-group arrangements and material sub-contractors.

    Similarly, audit reports on outsourced arrangements are to be submitted upon MAS’ request.