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Legal Developments worldwide


May 2011 - Finance. Legal Developments by Drew & Napier LLC .

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The Monetary Authority of Singapore (“MAS”) has issued a revised Code on Collective Investment Schemes (“Code”). The revised Code strengthens the core investment requirements for collective investment schemes (“schemes”), introduces new guidelines for specialised fund categories such as index funds and money market funds, and puts in place other safeguards which enhance investor protection.


About Drew & Napier LLC


Established in 1889, Drew & Napier LLC is one of Singapore's leading and largest law firms, with over 250 lawyers and fee-earners. Consistently rated top tier in dispute resolution over the years by international ranking organisations such as Asia Pacific Legal 500, Chambers Global, Practical Law Company, Best Lawyers and Asia Law, the firm has 7 Senior Counsel. The firm is headed by chief executive officer, Davinder Singh, Senior Counsel. Drew & Napier LLC is also rated top tier in Corporate Insolvency & Restructuring, Intellectual Property (Patents and Trademarks), Competition & Antitrust, Telecommunications, Media & Technology and Tax, with market leading practices in Mergers & Acquisitions, Corporate Finance, and Admiralty & Shipping. For more information, please visit