MAS Proposes Rule Changes to Speed up Approval of New Fund Types

MAS consults public on regulatory amendments to allow wider retail access to more fund products

Rising interest to offer new retail fund product types catering to broader range of investment objectives Read more at straitstimes.com.

MAS proposes rule changes to speed up approval of new fund types

The Monetary Authority of Singapore (MAS) has proposed regulatory changes aimed at accelerating the approval of new retail fund products, as part of efforts to support innovation in the investment management industry while maintaining safeguards for retail investors. MAS on Thursday released a consultation paper seeking feedback on proposed amendments to the Code on Collective Investment Schemes (CIS Code), which governs retail investment funds …