mas
1
A Singapore Government Agency Website
Back to home
Updated by MAS Contact us
Regarding Option 3 of the CDR, will an investment into a Limited Partnership (“LP”) fund qualify?
For the purpose of assessing whether the investment into a LP fund counts towards Option 3 of the CDR, the LP fund must be a Designated Investment3 as well as a non-listed fund distributed by licensed/registered financial institutions in Singapore.
This information is sourced from MAS.
Related questions
Regarding Option 4 of the CDR, how do you define: (i) operating companies and (ii) substantive presence in Singapore? (a) Does it count if the section 13O/13U fund invests into a foreign holding company that holds a non-listed Singapore-incorporated company with operating business(es) and with substantive presence in Singapore? (b) Would an investment into a Singapore holding/joint venture company which owns a wholly-owned Singapore subsidiary count?
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?
mas
Need more help?
Describe your issues to us.

