Approved CIS trustee
Apply for Approved CIS trustee
Monetary Authority of Singapore (MAS)
Application Details
A company must obtain MAS' prior approval, if it wishes to act as trustee for collective investment schemes (CIS) constituted as unit trusts, where the CIS are authorised under section 286 of the Securities and Futures Act 2001 (SFA) or are restricted schemes constituted in Singapore and entered into the list of restricted schemes maintained by MAS.