![]() ![]() More details on the base capital and other financial requirements can be found in the Securities and Futures (Financial and Margin Requirements for Holders of Capital Markets Services Licences) Regulations (SF(FMR)R). What are the applicable financial and staffing requirements? Type of fund manager VCFMs are subject to a simplified set of admission criteria – please refer to Appendix 7 of the aforementioned guidelines. 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.įor more information on the admission criteria and applicable requirements, please refer to the Guidelines on Licensing, Registration and Conduct of Business for Fund Management Companies.įor more information on the common approvals, notifications and other regulatory submissions relevant to fund management companies, please refer to the Compliance Toolkit for Approvals, Notifications and Other Regulatory Submissions to MAS for Fund Managers. Business model/ plans and projections and the associated risks.Strength of internal risk management and compliance systems.Ability to meet the minimum financial requirements prescribed under the SFA.Track record and fund management expertise of the applicant and its parent company or major shareholders.Fitness and propriety of the applicant, its shareholders and directors.When assessing an application to be an RFMC, LFMC or VCFM, MAS takes into account factors such as: What are the admission criteria and applicable requirements? MAS also publishes a Licensing and Registration Report for Capital Markets Intermediaries (including fund management companies) here. You can find out more about fund management activity and the various types of fund management authorisation statuses here. Individuals performing key functions in a fund management company, such as portfolio construction and allocation, research and advisory, business development and marketing or client servicing are required to be representatives. Managers of venture capital funds may also apply to operate under the venture capital fund manager (VCFM) regime. Licensed fund management company (LFMC).Registered fund management company (RFMC) or.If your company wishes to conduct regulated fund management activities under the Securities and Futures Act (SFA), it must be registered with MAS or hold a capital markets services (CMS) licence to operate either as a: The list of fund management companies are listed in the Financial Institutions Directory. World's first to use national digital ID & online consent system for secure financial dataĪ collaborative AI-driven global solutions hub to foster SME digitalisationįind out how Singapore can be a leading centre for Green and Sustainable Finance World’s largest festival for the FinTech community to connect, collaborate and co-create Unlocking new possibilities for the future of financial services through Digital Assets Understand the various initiatives for technology solutions and projects in Green Finance. ![]() Various payment initiatives including SGQR, FAST and PayNow Sandbox relaxes regulatory requirements to enable live experiments of innovation Get funding on proof-of-concepts, hiring, business development and more The Fortune annual list ranks the top performing, publicly traded companies in revenues, profits and stock returns over the three-year period ended April 30, 2022.Latest information on MAS’ FinTech strategy, initiatives and funding schemes Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Victory Capital Holdings, Inc. Fortune is a registered trademark of Fortune Media IP Limited and is used under license. © 2022 Fortune Media IP Limited All rights reserved. To learn more please visit or follow Victory Capital on Twitter and LinkedIn.įrom Fortune. Victory Capital is headquartered in San Antonio, Texas, with offices nationwide and investment professionals in the U.S. With 11 autonomous Investment Franchises and a Solutions Business, Victory Capital offers a wide array of investment products and services, including mutual funds, ETFs, separately managed accounts, alternative investments, third-party ETF model strategies, collective investment trusts, private funds, a 529 Education Savings Plan, and brokerage services. Victory Capital provides specialized investment strategies to institutions, intermediaries, retirement platforms and individual investors.
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