Sets out the best practices that managers, approved trustees, VCC directors and VCC custodians of collective investment schemes offered to retail public are expected to observe on management, operation and marketing of the schemes.

This consultation sets out MAS’ proposed regulations relating to anti-money laundering and countering the financing of terrorism, applicable to variable capital companies incorporated under the Variable Capital Companies Act.

Start date:

30 April 2019

Closing date:

30 May 2019

MAS response date:

15 January 2020

Consultation number:

P006 2017

Start date:

23 March 2017

Closing date:

24 April 2017

MAS response date:

10 September 2018

Sets out the requirements for an offer of units in a collective investment scheme, including amongst others, covenants to be included in the trust deed, the prescribed contents in a prospectus, advertising requirements, and restricted schemes.