On 30 April 2009 the European Commission, the executive body of the 27 Member State European Union (EU), published the final text of a draft EU Directive on Alternative Investment Fund Managers (Directive). The Directive, once passed, will bind all Member States of the EU and will require national legislation to be passed by Member [...]
Posts tagged with ‘MAS’
MAS Releases Investigation Findings on the Sale and Marketing of Structured Notes Linked to Lehman Brothers
The Monetary Authority of Singapore (MAS) has completed investigations into the sale and marketing of structured notes linked to Lehman Brothers.
Hedge fund managers/advisors
Authorization requirements and process
Most of the hedge fund managers operating in Singapore restrict their fund management activities to not more than 30 qualified investors and are therefore exempted from licensing. However, should the fund manager decide to market a fund to retail investors, the fund manager will have to obtain a Capital Markets [...]