The IIA released its Three Lines Model in July 2020 as an update to the highly-regarded Three Lines of Defence Model promulgated in 2013. Many practitioners either love it or hate it, while others (including this author) vacillate between the two states.
Get an overview of the Variable Capital Company ("VCC"), a new corporate structure for all types of investment funds in Singapore. In this article, we present four considerations relating to the valuation of these private equity investments under uncertain times.
Charities are obliged to ensure that donations that are subject to restriction, are only applied within the purpose specified by the donors. This is a requirement of the Charities Accounting Standard and also, a legal requirement under the Charities (Fund-Raising Appeals for Local and Foreign Charitable Purposes) Regulations 2012.