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Retail fund managers - how the enhanced regulatory regime impacts you
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The Monetary Authority of Singapore (MAS) announced on 6 August 2012 that the implementation of the enhanced regulatory regime for fund management companies (FMCs) would take effect from 7 August 2012.
This marks the end of a series of public consultations undertaken by the MAS since April 2010, the developments of which have been closely watched by the fund management industry.
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