Asia-Pacific

SINGAPORE

Tenacity in the face of adversity

Tenacity in the face of adversity

The outlook for the penetration of the Variable Capital Company legislation as a fund structure is upbeat as it soldiers on against the unfortunate timing of its launch, amid a global pandemic. More importantly, in practice the legislation works well and the fund launches have been successful.

SINGAPORE

Turning potential into reality

Turning potential into reality

The ASEAN region has demonstrated itself as a major area for investment and potential growth. However, much of this growth is still on the horizon and yet to be materialised. For the prospects of the ASEAN region to reach their true potential, the current environment requires cost efficiency, scalability and talent. These are critical factors to creating a supportive ecosystem.

SINGAPORE

Digital innovation breaking ground in Singapore

Digital innovation breaking ground in Singapore

The Monetary Authority of Singapore (MAS) has been proactive and transparent with licensing requirements, compared to other jurisdictions. The Digital Acceleration Grant (DAG) programme incentivises firms to modernise operations, equipping smaller managers with the necessary technology and helping new funds get off the ground. This programme, coupled with geopolitical influences, contributes to Singapore accelerating as a safe-haven for money and financial institutions. 

Story

Hong Kong SFC issues 'approval-in-principle' for OSL virtual asset automated trading and brokerage licenses

Hong Kong SFC issues 'approval-in-principle' for OSL virtual asset automated trading and brokerage licenses

Asian digital asset platform OSL, a member of BC Technology  Group, has secured an approval-in-principle for its application to operate a virtual asset trading platform under a license for Type 1 (dealing in securities) and Type 7 (automated trading service (ATS)) regulated activities under the Securities and Futures Commission (SFC) virtual asset licensing framework in Hong Kong.