Exemptions under the Singapore Securities and Futures Act ("SFA")
Malta domiciled funds may be offered to institutional and accredited investors, as defined in section 4A of the Securities and Futures Act ("SFA"), in Singapore.In terms of Section 304 of the SFA Malta domiciled funds may benefit from an exemption from the recognition and prospectus requirements for offers of collective investment schemes ("CIS") made to institutional investors. Section 305 of the SFA provides a similar exemption, subject to prescribed modifications, for offers made to accredited investors.