Entries by Staff Publication

Variable Capital Company: Singapore proposes a new way of making investments

Can India replicate this model? By Simran Jalan (finserv@vinodkothari.com) Introduction On March 23, 2017, Monetary Authority of Singapore (MAS) issued a consultation paper[1] for Singapore Variable Capital Companies. On September 10, 2018, the MAS tabled the Variable Capital Companies Bill (the “Bill”)[2] in Singapore Parliament. The Variable Capital Company (“VCC”) is a corporate structure that […]

Major recommendations of the Committee on Payment Systems on Payment and Settlement System Bill, 2018

By Vishes Kothari & Simran Jalan  (finserv@vinodkothari.com) Introduction Major reforms are being proposed to the Payments and Settlement Systems Act, 2007 so as to be able to catch up with the fast changing payments landscape in the country. An Inter-Ministerial Committee was constituted in October, 2017 to finalise the draft bill called the Payment and Settlement […]