Securities and Futures Act (SFA): Primary legislation governing securities, futures, and financial markets in Singapore (Chapter 289). Regulates offering memorandums and private equity investment structures.
Companies Act (CA): Core legislation (Chapter 50) governing corporate entities in Singapore, including requirements for company formation, management, and corporate governance.
Financial Advisers Act (FAA): Legislation (Chapter 110) regulating financial advisory services and requirements for financial advisers in Singapore.
MAS Guidelines - Fund Management: Regulatory guidelines on licensing, registration and conduct of business for fund management companies issued by the Monetary Authority of Singapore.
MAS Guidelines - Financial Advisers: Guidelines establishing standards of conduct for financial advisers and their representatives in Singapore.
Practice Note on Investment Products: MAS guidance on the sale and marketing of investment products, including private equity offerings.
Accredited Investor Framework: Regulatory framework defining accredited investors and associated exemptions for offerings targeted at this investor class.
AML/CFT Regulations: Anti-money laundering and countering the financing of terrorism regulations that must be addressed in the offering memorandum.
Personal Data Protection Act: Requirements for handling and protecting personal data of investors and related parties.
Disclosure Requirements: mandatory disclosure obligations including material information, risk factors, investment restrictions, and conflicts of interest.
Singapore Income Tax Act: Tax legislation affecting private equity structures, including treatment of carried interest and management fees.
International Tax Treaties: Relevant double taxation agreements and international tax treaties affecting cross-border private equity investments.
GST Implications: Goods and Services Tax considerations for private equity structures and management services.
Corporate Governance Requirements: Rules and guidelines for corporate governance structure, board responsibilities, and management arrangements.
