Regulations for Fund Management Companies

When assessing an application to be an RFMC, LFMC or VCFM, MAS takes into account factors such as:

• Fitness and propriety of the applicant, its shareholders and directors
• Track record and fund management expertise of the applicant and its parent company or major shareholders
• Ability to meet the minimum financial requirements prescribed under the SFA
• Strength of internal risk management and compliance systems.
• Business model/ plans and projections and the associated risks

In addition, your company would need to operate from a dedicated and secure office space that is accessible only by your company’s directors and staff.