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Fund Distribution Alert 2020-10
Fund Distribution Alert 2020-10
Singapore releases FAQs on offers of units in collective investment schemes (including REITs)
On 4 May, Monetary Authority of Singapore (“MAS”) published frequently asked questions (“FAQs”) on offers of units in collective investment schemes to guide and provide the funds and REITs managers amid the COVID-19 pandemic.
FAQs cover the following topics:
- Swing pricing;
- Communication of changes to the MAS;
- Prior notice for changes required by the MAS;
- Changes to the settlement period of redemptions.
Please feel free to contact us should you require any additional information.
Contact
Said Fihri
Partner
+352 22 51 51 7892
said.fihri@kpmg.lu
Stephanie Zedda
Senior Manager
+352 22 51 51 7271
stephanie.zedda@kpmg.lu
Please note that any information provided is general in nature, is based on the latest publicly available information as analyzed on a best endeavor basis and does not constitute any specific legal opinion or advice.
© 2020 KPMG Luxembourg, Société coopérative, a Luxembourg entity and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
