新加坡私募和风投行业系列 – 简介篇

近年来,新加坡已迅速成长为全球资产管理行业(资管行业)的中心,众多投资者和资管经理汇集于此。2020 年,新加坡的资产管理总额 (AUM) 增长了 17%,达 4.7 万亿新元,高于 2019 年的 4万亿新元1。 这种强劲的增长是由大量流入的传统和另类投资资金所驱动的,包括私募股权 (私募) 和风险投资 (风投)。 那一年,私募和风投的资产管理总额分别增长了 54% 和 49%,达到 3,750 亿新元和 160 亿新元。 我们认为,新加坡资产管理规模将在未来几年将持续保持增长势头。

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新加坡家办门槛提高——深度解析金管局新政的底层逻辑

这几天,全网都在疯传下面这张图。不可否认最近移民突然成了热门话题!

4月11日,我们收到了新加坡金管局一封邮件,内容是关于新加坡家办13O/U计划的门槛大幅提高。大概就是图中戴教授所指的消息了。但是戴教授的表述不太严谨,新加坡家办免税计划并不是投资移民,实际上新加坡的投资移民难度远高于此。

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一些常见错误的避免 – 当拥有新加坡子公司的中国企业寻求IPO时。

2020年当中,全球有1415次首次公开募股(”IPO“),为相关公司筹集了3313亿美元的资金 。这在年同比交易量和筹集的收益方面,显示了大幅增长。相较2019年全球也只有1040宗IPO,总共筹集了1992亿美元的资金。考虑到新冠疫情使世界各地的IPO活动在2020年4月和5月急剧放缓,2020年的数据就显得更加突出了。

当下的亚太地区(APAC)是个非常值得关注的地区。2020年全球范围启动的IPO数量中,多过一半(约占全球IPO总数的52% )是在亚太地区的交易所进行的。尤其是亚太地区的主要热点中国(不包括台湾和香港), 仅中国单单就进行了365宗IPO,总共筹集了640亿美金。上海证券交易所(”上交所“)和深圳证券交易所(”深交所“)在2020年分别有234和161宗IPO 。这表示中国的上市量比2019年的202宗IPO大幅增加了81%。2021年前三个月的IPO增长看似完全没有消减的迹象,多达143家中国公司完成IPO,总共筹集高达236亿美元资金 。2021年9月3日,北京证券交易所(“北交所”)成立,旨在服务创新型中小企业。根据其2021年市场统计数据,2021年共有82家公司上市,融资金额为75.22亿人民币(约合11.81亿美金) 。

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Singapore Implements Sanctions Against Russia

Ever since Russia’s act of aggression against Ukraine that began on 24 February 2022, the United States and several of its key allies have successively imposed significant sanctions against Russia. These sanctions range from prohibitions on trade and investment in certain regions of Ukraine and the designation of specific  nationals that cannot interact with the market and financial system of United States, to imposing new sovereign debt restrictions and even cutting Russia further off from the global economy by removing them from the Society for Worldwide Interbank Financial Telecommunication (aka SWIFT) messaging system and disconnecting them from the international financial system, making them no longer able to operate globally. On 8 March 2022, the Biden administration also announced that the United States would be banning the import of Russian oil.

Singapore has joined these efforts, with Minister for Foreign Affairs Dr. Vivian Balakrishnan issuing a Ministerial Statement in Parliament on 28 February 2022, stating that Singapore intends to impose its own sanctions against Russia. On 5 March 2022, the Ministry of Foreign Affairs (MFA) issued a press statement with two factsheets that set out the details of the economic sanctions and restrictions.

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Negotiations have concluded for the “Pacific Alliance – Singapore Free Trade Agreement” (PASFTA).

On July 22, 2021, Mr. Gan Kim Yong, Singapore’s Minister of Trade and Industry, together with his counterparts from the members states of the Pacific Alliance – Mexico, Chile, Colombia, and Peru, announced the conclusion of negotiations of the Pacific Alliance – Singapore Free Trade Agreement (PASFTA).

Singapore will become the first Asian-Pacific associate state of the Pacific Alliance (“PA” or “Alliance”) once the pact is signed, which is expected to happen by the end of the year. This is an important milestone in the economic integration between the PA region and Asia-Pacific and is a crucial development for the necessary economic reactivation of the two regions.

The Ministers of Trade agreed that the PASFTA represents an interest in the economic integration of the regions and the improvement of the commercial relationship, attracting investments and expanding access to goods and services. In particular, The PASFTA will enhance trade and deepen cooperation in areas like the digital economy, energy sector, technology, urban solutions, customs, maritime services, and infrastructure.

Latin American and Singapore businesses should take note of this development and where possible, take advantage of the significant trade opportunities and economic growth that this trade agreement will generate.

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新加坡科技准证(Tech Pass)正式启动

早于去年年末,新加坡经济发展局就曾宣布将于今年推出一种新型准证Tech Pass,旨在吸引全球顶尖科技人才前往新加坡,以促进新加坡科技态系统的发展,进一步巩固新加坡作为区域科技枢纽的领先地位。近期,新加坡经济发展局正式启动了Tech Pass,申请人已经可以在其官网上提交申请了。

哪些人可以申请科技准证?

申请人不必必须受雇于新加坡企业,其可以是新加坡企业的雇员,也可以直接在新加坡进行创业、做投资人、担任董事等。申请人只要满足以下三项条件中的两项就可以申请科技准证。当前持有工作准证(Employment Pass)、 个人化就业准证(Personalized Employment Pass)等准证的人员,若在符合条件的情况下亦可以申请更换其准证为科技准证。

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新加坡可变动资本公司(VCC) 特点与优势

自2020年1月新加坡金融管理局(简称“金管局”)与会计与企业管制局(简称“ACRA“)联合声明,正式推出可变动资本公司(VCC)框架以来截止10月份,已有近乎于160多家VCC如雨后春笋般涌现。 金融管理局公布的《2019新加坡资产管理调查》报告显示,新加坡在2019年资产管理规模年比增长15.7%,达到2.9万亿美元。其中包括传统领域资产(如股票与债券)以及另类资产(私募股权,风险创投等)。新加坡一直以安全稳定的经济、较宽松的监管以及较低的公司税率等来保持其投资吸引力;新 VCC 框架将为投资基金在新加坡的注册和营运提供更大的灵活度。有望鼓励更多基金经理和投资基金产品以新加坡为据点,提升新加坡作为全球投资基金中心的地位。

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新加坡国会已通过付款服务(修正)法案 防范洗黑钱与恐怖融资行为以及加强对数码支付代币供应商的管制

新加坡国会于2021年1月4号通过《付款服务(修正)法案》

修正案在2019年的法案基础上,在 “反洗黑钱与反恐怖融资”,“加强对数码支付代币供应商监管”等方面作出了改善。它不仅仅完善了新加坡的支付服务监管框架,与全球接轨。金管局也能够灵活地从多方面对应种种风险。

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COVID-19 Updates for Singapore Employers: Cost Reduction, Mandatory Notifications, and Government Support from the Fortitude Budget

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Following the end of the circuit breaker period on 1 June 2020, Singapore is implementing a gradual resumption of business. During this period, employers are likely to continue to have concerns over cost-saving and business continuity measures and the government support available to them.

 

Since our previous article, there have been a number of updates and advisories from the Ministry of Manpower (MOM) providing additional guidance to employers during the circuit breaker period and beyond. Shortly before the end of the circuit breaker period, the Singapore government had also presented the Fortitude Budget on 26 May 2020, which includes, among other things, additional support for employers.

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COVID-19 Updates for Singapore Employers: Safe Distancing, Cost Reduction and Government Support

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This article was originally published on 3 April 2020 and last updated on 27 April.

As of 27 April 2020, Singapore has reported more than 13,000 cases and 12 deaths due to the COVID-19 pandemic. While the number of new cases in the local communities have started to level off, many of the new cases are unlinked, pointing to a larger, as-yet undetected reservoir of cases in Singapore. As such, there is the continued need to be vigilant in enforcing social distancing and isolation measures.

Even as countries all over the world begin increasing such preventative health measures, the pandemic is also devastating the global economy, including Singapore. During times of economic downturn and uncertainty, controlling fixed costs such as labour becomes even more pressing for companies. Businesses in almost every sector have been impacted by the COVID-19 pandemic, and many are looking to cut costs during this period of crisis. While every business faces unique considerations, the following guidance aims to clarify issues relating to safe distancing practices at the workplace, cost-saving and business continuity measures, and the available government support during this health and economic crisis for Singaporean businesses.

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The opinions expressed on this blog are those of the author and are not to be construed as legal advice.

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