SINGAPORE (Jan 15): The Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) on Wednesday launched the Variable Capital Companies (VCC) framework.

The VCC is a new corporate structure that can be used for a wide range of investment funds and provides fund managers greater operational flexibility and cost savings.

In a joint media release, MAS and ACRA say this will encourage more funds to be domiciled in Singapore and enhance the country's value as...(click on link for full story on theedgesingapore.com)