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Varun Kalsi

Director - Private Client at the Singapore office of Cyril Amarchand Mangaldas. Varun focuses on private client/wealth, family offices, funds, general corporate, M&A, and real estate practices. His family office/private client practice covers the India-Singapore/Middle East & Gift City corridors for UHNIs and conglomerates. He is an alum of NYU school of law and Amity Law School, Delhi/Guru Gobind Singh Indraprastha University. He can be reached at varun.kalsi@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!

From the Arabian Sea to the Strait of Malacca: Forging the India-Singapore Axis

Summary: The bilateral relationship between India and Singapore stands as a testament to the power of strategic partnership and economic cooperation in an era marked by shifting geopolitical dynamics across the Indo-Pacific. It reached a significant milestone during Prime Minister Narendra Modi’s visit to Singapore in September 2024 when both countries agreed to elevate bilateral relations to a higher level of a Comprehensive Strategic Partnership. Singapore Prime Minister Lawrence Wong’s recent visit to India in early September 2025, marks a watershed moment in bilateral relations, coinciding with the 60th anniversary of India-Singapore diplomatic relations and SG60. During his historic visit, Prime Minister Wong announced a new MoU on space collaboration, the leaders agreed to a time-bound review of the CECA and India’s free trade pact with ASEAN. The visit also culminated in a major infrastructure milestone. Read on to know more.Continue Reading From the Arabian Sea to the Strait of Malacca: Forging the India-Singapore Axis

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”?