As announced last year, the RFMC regime is in the process of being repealed, as the Monetary Authority of Singapore (MAS) stopped accepting new RFMC applications since 1st January 2024.
The RFMC regime was a lighter-touch regime designed for managers with up to SGD 250 million under management and catering to no more than 30 qualified investors.
Download our presentation re. RFMC conversion to AI LFMC:
Exocap – Presentation – RFMC to AI LFMC – Jul 24
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