How can an existing fund management company (FMC) transition into the VC Manager Regime?
According to MAS (FAQs)
last revised 1 March 2022
33. ...An existing FMC that intends to transition into the VC Manager Regime should first ascertain that all of the funds that it manages meet the eligibility criteria set out in FAQ 28. It should then submit Form 1V to MAS. The FMC should continue to comply with all existing business conduct and other regulatory requirements until it is informed by MAS that it can operate under the VC Manager Regime.