Clifford Chance

Singapore variable capital companies- widening the array of Singapore fund structures

31 January 2020

On 14 January 2020, the Monetary Authority of Singapore (MAS) and Accounting and Corporate Regulatory Authority (ACRA) launched the Variable Capital Companies (VCC) framework following the passing of the Variable Capital Companies Act 2018 (Act) on 31 October 2018, which was amended by the Variable Capital Companies (Miscellaneous Amendments) Act 2019.

This briefing discusses several key features of the VCC and how the VCC strengthens the array of fund structuring options that are available to Singapore fund managers.

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