The MAS launched a VCC Grant Scheme (VCCGS) under the Financial Sector Development Fund (FSDF) to co-fund 70% of the qualifying expenses paid to Singapore-based service providers for work done in Singapore, for incorporation, registration or compliance costs incurred by a VCC. The grant scheme is capped at SGD150,000 per VCC, and is also eligible to cover the costs of regulatory compliance services.
With over 17 years of experience, ComplianceAsia has advised and assisted approximately 2,000 financial services firms since inception, including a large number of fund managers in Singapore. We have a proven track record of obtaining MAS licences, and can provide ongoing compliance support to help organisations meet regulatory obligations.
For more information on the VCC compliance services that we provide and how to apply for funding under the VCC grant scheme please click here.