As Singapore-based fund managers increasingly target U.S. investors, understanding the regulatory and tax complexities is crucial. The U.S. Investment Advisers Act mandates registration for fund managers unless exempted, with comparable licensing frameworks in Singapore. Exemptions like the Foreign Private Adviser, Private Fund Adviser, and Venture Capital Adviser allow varying levels of compliance. U.S. securities and tax considerations also play a role, including ensuring investor accreditation and avoiding general solicitation. Additionally, anti-money laundering rules and tax implications for U.S. investors differ significantly from Singapore’s regulations. Overall, navigating these complexities necessitates efficient legal guidance to ensure compliance and attract U.S. capital.

Read the full article here