Regulatory Alerts2021-06-29
Added
MAS Notice 630 on Private Equity and Venture Capital Investments
The Monetary Authority of Singapore issued Notice 630 to establish regulatory requirements for all banks holding private equity and venture capital investments. The notice mandates compliance with specific standards regarding investment duration, valuation, management involvement, and risk management policies. It further requires banks to ensure employee qualifications, implement internal approval processes, and report PE/VC activities to the regulator.
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