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Singapore's Monetary Authority (MAS) introduces new measures to enhance asset management competitiveness
The Monetary Authority of Singapore (MAS) announced a series of new measures aimed at strengthening its competitiveness as a leading asset management hub. These measures include: tax exemptions for income derived from fund management services provided to qualifying funds; a new hedge fund investment scheme to attract leading hedge fund managers to Singapore; and the establishment of a new investment management track under the "Overseas Networks & Expertise (ONE) Pass" framework to attract top global leaders and senior investment professionals.
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