Date
Tuesday, 5 August 2025
Time
9AM to 5PM
Location
TBA
Cost
$550.00 nett
Includes lunch, tea breaks, materials and e-certificate
Early Bird Discounts:
• 20% off before 5 July 2025
• 10% off before 19 July 2025
*Pricing stated is before discount
Payment Methods
Bank transfer, PayNow, cheque or cash
Singapore's Variable Capital Companies (VCC) Act has transformed the fund management landscape by introducing a versatile corporate structure tailored for investment funds. This hands-on workshopis designed for corporate secretarial professionals and compliance practitioners who need to navigate the operational, regulatory, and ecosystem requirements of VCCs. Participants will gainpractical insights into the latest updates under the VCC Act, common implementation challenges, and best practices for seamless compliance. Through real-world case studies, expert discussions, and interactive sessions, attendees will develop the confidence and skills needed to manage VCCs effectively.
1. Introduction to VCCs & Investment Fund Structures
• Overview of Singapore's VCC framework and its advantages
• Comparison of legal structures: Company vs. VCC vs. Limited Partnership
• Key benefits & use cases for VCCs in fund management
2. Core Features & Mechanics of a VCC
• Capital structure – Flexibility in share capital & redemption rights
• Umbrella structure & sub-funds – Segregation of assets & liabilities
• Fund manager eligibility – Segregation of assets & liabilities
3. Setting Up a VCC: Incorporation & Compliance
• Step-by-step incorporation process
• Required regulatory filings & timelines
• Role of MAS (Monetary Authority of Singapore) & ACRA in approvals
4. Governance & Operational Requirements
• Corporate Secretary – Key duties & compliance obligations
• Director Requirements – Fit & proper criteria, responsibilities
• Custodian obligations – When is a custodian mandatory?
5. Tax & Financial Considerations
• Tax incentives & exemptions for VCCs
• GST & withholding tax implications
• Fund expense structuring for optimal efficiency
6. Common Challenges & Practical Solutions
• Regulatory pitfalls & how to avoid them
• Case studies on real-world compliance issues
• Best practices for ongoing VCC maintenance
7. Interactive Discussion & Q&A
• Open forum to address participant-specific scenarios
• Expert insights on emerging trends & regulatory updates
By the end of this session, you will:
✔ Master the VCC framework – Understand the legal, operational, and compliance aspects under the VCC Act.
✔ Learn best practices for incorporation, governance, and fund structuring.
✔ Gain clarity on tax benefits and financial considerations for VCCs
✔ Overcome common pitfalls – Learn from case studies on compliance challenges and solutions.
✔ Enhance professional competency in advising clients or managing VCCs within their organizations.
This workshop is essential for:
• Corporate Secretaries & Governance Professionals handling VCC compliance
• Fund Administrators & CSPs involved in VCC setup and maintenance
• In-house Legal & Compliance Teams from fund management and wealth management firms
• Accountants & Tax Advisors looking to understand VCC-related tax incentives
• Regulatory & Risk Professionals seeking deeper insights into VCC structures
Date
Tuesday, 5 August 2025
Time
9AM to 5PM
Location
TBA
Cost
$550.00 nett
Includes lunch, tea breaks, materials and e-certificate
Early Bird Discounts:
• 20% off before 5 July 2025
• 10% off before 19 July 2025
*Pricing stated is before discount
Payment Methods
Bank transfer, PayNow, cheque or cash
Expert Speaker
Armin Choksey is a seasoned asset management professional with over 24 years of experience in fund audits, financial reporting, and regulatory frameworks across multiple jurisdictions, including the US, Hong Kong, India, Canada, and Luxembourg. His expertise spans US GAAP, IFRS, and other international accounting standards, making him a trusted advisor on cross-border fund compliance and structuring. He has played a pivotal role in shaping Singapore's fund ecosystem, serving as the project leader for the introduction of the Singapore Variable Capital Company (VCC) and authoring the influential white paper that led to MAS's feasibility study on Openended Investment Companies (OEICs).
Beyond his regulatory contributions, Armin is a respected educator, having lectured at the National University of Singapore (NUS CAMRI), the Wealth Management Institute (WMI), and NTU's Masters in Asset and Wealth Management program. His blend of technical expertise, policy influence, and academic engagement positions him as a thought leader in fund governance, wealth management, and financial innovation.
Whether you're new to VCCs or looking to refine your expertise, this session will provide practical, actionable knowledge to elevate your professional practice.