Regulatory Alerts2021-12-20
Added · Updated
Guidelines to All Holders of a Capital Markets Services Licence for Real Estate Investment Trust Management
The Monetary Authority of Singapore issues these guidelines to establish minimum licensing criteria and corporate governance standards for all holders of a Capital Markets Services Licence for Real Estate Investment Trust Management. The document mandates specific operational requirements, including Singapore incorporation, fit-and-proper assessments for key personnel, and the maintenance of S$1 million in base capital. It further prescribes strict corporate governance arrangements, conflict of interest protocols, and detailed disclosure obligations regarding director remuneration and professional indemnity insurance coverage.
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