November 2019

Singapore's Upcoming Game Changer in Fund Management - The Variable Capital Company

A VCC will not be required to disclose its register of shareholders to the public, although it may be required to disclose such information to supervisory and enforcement agencies. The financial statements also need not be made public. This will provide shareholders with enhanced privacy and anonymity.

By Wong Koon Min, Partner & Head, Technical, Compliance and Financial Services, Moore Stephens LLP, Singapore
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Sustainability Reporting - Reimagining the Shipping Business in Green

Pursuant to the adoption of the 2030 Agenda for Sustainability Development with 17 Sustainability Development Goals by the United Nations (“UN”) in 2015, the International Maritime Organisation (“IMO”), as part of the UN, has since established several important targets related to these SDGs. These targets, amongst many others, include the 0.5% global sulphur cap coming into force from 1 January 2020 and the reduction of greenhouse gas (“GHG”) emissions by at least half before 2050 compared to 2008, reduction of average carbon emissions of 40% by 2030 and then 70% by 2050 from 2008.

By Lao Mei Leng, Partner & Head, Risk Management, Moore Stephens LLP, Singapore
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News Release - Moore Maritime Index Launched

Moore Maritime operating expenses tool launched Moore has launched its Moore Maritime Index tool, enabling shipowners and advisers to analyse operating costs and revenues against a large global sample of vessels.

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