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FCA follows up capital markets thematic
MAS to cover set up cost for VCCs4 February 2020 / Article To encourage fund managers to adopt the new VCC framework, the MAS are making grants available to cover up to 70% of the set up costs. Capped at $150,000, the grants are well worth considering for anyone looking to set up a fund under the new regime and include support from firms like Bovill.
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