VCFMs – What Are Your Obligations?
As a licensed Venture Capital Fund Manager (VCFM), your firm is subject to a range of obligations designed to ensure compliance with the regulatory framework set by the Monetary Authority of Singapore (MAS).
While VCFMs are not the same as licensed fund management companies (LFMCs), there are many similarities, and it’s crucial for all fund management companies (FMCs) to implement best practices to address potential gaps in their operations.
Waystone’s guide to VCFM obligations provides a comprehensive overview, covering:
- the permitted business activities and focus of venture capital funds
- the eligibility criteria for funds and due diligence requirements for investors
- essential disclosures to investors about the VCFM’s regulatory status
- best practices for maintaining internal policies and controls
- key governance and conflict-of-interest mitigation strategies
- important reminders for base capital management and segregation of duties.
Download the complete guide now
Our detailed guide will help you ensure your VCFM meets regulatory standards, manage risks and adopt best practices to foster a compliant and sustainable venture capital business model.
How can Waystone help?
Waystone is a leading global provider of institutional governance, administration, risk, and compliance services to the asset management and financial services industry. Our global Compliance Solutions team helps clients navigate the regulatory landscape with confidence, aligning investment strategies and operational processes with compliance requirements. With over 100 compliance specialists based across Asia, the Middle East, Europe, and North America, we offer a comprehensive range of solutions, from company registration and licensing to compliance programmes and ongoing support.
In Singapore and Hong Kong, Waystone brings over 20 years of experience, working with clients regulated by the Monetary Authority of Singapore and the Securities and Futures Commission. Our team is well -equipped to provide bespoke, risk-focused, and cost-effective solutions. With extensive experience, we deliver the expertise you need while adding value to your corporate governance standards.
If you would like to discuss the themes raised in this guide with one of our APAC Compliance Solutions team members and learn how we can assist you, please contact us using the details below.