Eisner Amper's logo
Eisner Amper's logo
Knowledge Centre

Regulations for Fund Management Companies

Can Singapore persons hold interest in a Section 13O approved fund?


  • Prior to 2020, what was then known as S13CA and S13R were not applicable to fund entities which were wholly owned by Singapore persons and where investments were held under a trust, With effect from the year of assessment 2020 (i.e. financial year ending 2019), the condition that the fund must not have 100% of the value of its issued securities beneficially owned, directly or indirectly, by Singapore persons was removed.

    Written by EisnerAmper Singapore