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Hedge-fund startups adapt to MAS rules

To cut costs, they turn to licensed platforms that provide office space and services to meet compliance requirements

Singapore WHEN Gaurav Bansal's lawyers told him about Singapore's tightened hedge-fund rules introduced in August 2012, he faced the prospect of spiralling costs to meet the demands for starting his own fund. The solution was to sign up with Swiss-Asia Financial Services Pte, which provides