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Bhargav Rao

Principal Associate in the Private Client Practice (PCP) at the Mumbai office of Cyril Amarchand Mangaldas. Bhargav can be reached at bhargav.rao@cyrilshroff.com

MAS to Singapore Fund Managers: You Better See What Is Happening with the VCC!

Summary: This blog is an insight into a circular issued by the Monetary Authority of Singapore on June 26, 2025, and addressed to chief executive officers of fund management entities in Singapore. Upon its release, it had caused a flutter among some fund management entities regarding the implications and intent behind the circular. We take a closer look at what it entails.Continue Reading MAS to Singapore Fund Managers: You Better See What Is Happening with the VCC!

A variable capital “company”, or “fund”?

Summary: This piece is an insight into a Singapore Variable Capital Company, its salient features, and relevance for varied stakeholders including family offices and start-ups.

Introduction

Singapore, now a well-established global asset and wealth management hub, has consistently attracted investments from different parts of the world. This achievement is the result of concerted efforts by the government of Singapore and its relevant limbs to nurture a stable, predictable, and business -friendly regulatory and legal ecosystem. Enforcement in both letter and spirit being one of the highlights for its preferential treatment when compared to its peers.Continue Reading A variable capital “company”, or “fund”?