Saturday, 21st November 2009

 

17 September 2009 - Press Briefing

Singapore consults hedge funds on stricter regulations

Singapore’s central bank is holding informal talks with hedge fund executives on ways to toughen up the regulatory regime for the city-state’s growing alternative investment sector, according to a report in the Financial Times.

Industry sources say ideas being deliberated upon in the discussions include the introduction of minimum requirements for asset size, professionally qualified employees, working capital and professional indemnity arrangements.

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