The MAS indicated that “a new corporate and regulatory framework, the Singapore Variable Capital Company (S-VACC) Act, [will] facilitate fund domiciliation in Singapore and build up fund administration capabilities”. Our mission is to promote sustained non-inflationary economic growth, and a sound and progressive financial centre. All applications that do not understand APFS (not just AutoCAD) will need to be updated for compatibility. After a consultation process run by the Monetary Authority of Singapore (MAS), the VCC Bill was passed in Parliament on 1 October 2018. In order to engage in fund management activity in Singapore, the fund manager (typically organised as a Fund Management Company (“FMC”)) must either hold a CMS license issued by MAS or fall under an exemption from licensing requirements. When assessing an application to be an RFMC, LFMC or VCFM, MAS takes into account factors such as: Fitness and propriety of the applicant, its shareholders and directors. The Division of Professional Licensure, an agency within the Office of Consumer Affairs and Business Regulation, protects consumers by working to ensure the professionals that they hire comply with state licensing laws and regulations. Click on a license or ID type to find out more about how to apply, renew, or take other actions for all Massachusetts licenses and IDs. A new file system has been introduced with High Sierra called APFS. Note: a valid electrician's license is a prerequisite for your S-License. Across all three schemes, the investment funds must be managed by fund management companies in Singapore that hold capital markets services licenses under the Securities and Futures Act (Cap. Singapore Family Office Resources Guide. Find fees for applying for, renewing, changing, or replacing your driver license or … What are the admission criteria? The upcoming introduction of the Singapore Variable Capital Company (S-VACC or VCC) is a significant event in Singapore’s asset management landscape. The Enhanced-Tier Fund Scheme under section 13X of the Act (the “13X Scheme”). This is also a requirement to qualify for the tax incentive schemes. Argus specializes in regulatory compliance services and provides objective insights, subject expertise and a simple approach to all your compliance-related needs. Up … License Creative Commons Attribution license (reuse allowed) Show more Show less. Singapore has also in the recent past introduced a simplified category of CMS license for FMCs, targeted at close ended venture capital funds, in the … When upgrading to the new Mac OS, the file system is automatically converted from HFS+ to APFS. REGULATORY COMPLIANCE SPECIALISTS. Our diversified client base spans start-ups to mature businesses.

A California motorcycle driver license authorizes you to operate a two-wheeled motorcycle, motorized bicycle, moped, or any bicycle with an attached motor. Rules for Claiming GST Incurred. You must follow the rules below when claiming GST incurred on your business purchases: You are allowed to claim input tax that is directly attributable to the making of taxable supplies, subject to conditions for claiming input tax. 289) for fund management or that are exempted under that Act from holding such a license.