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Singapore's Move to Ease VC Regulations May Level Playing Field

  • Central bank proposals seek more capital options for startups
  • Proposals lower barriers of entry and simplify paperwork
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Photographer: Chris McGrath/Getty Images
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Singapore, the world’s second-easiest place to do business, plans to ease regulations for venture capital managers under a proposal that industry firms said would provide early-stage startups with more funding options.

New and existing VC managers won’t be subject to the same capital requirements and business conduct rules that currently apply to fund managers in general, according to a consultation paper published by the Monetary Authority of Singapore Wednesday. The plan will reduce paperwork and cut the application time to get a VC license in the city-state to “a matter of weeks,” from an average of two and a half months, the MAS said in an e-mail.