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Regarding Option 3 of the CDR, will an investment into a fund distributed by a global fund management company count if the global fund management company has a related licensed financial institution in Singapore?

Updated by MAS
The investment can count towards Option 3 of the CDR if the awardee has documents, e.g., sales agreement, that shows that the licensed financial institution in Singapore has directly distributed (e.g., sold, marketed) the fund to the awardee.

This information is sourced from MAS.

Topics:

Schemes for Single Family OfficesCapital Deployment Requirement (“CDR”)

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