Compliance
Compliance Corner: Victory Securities, Monetary Authority Of Singapore
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Victory Securities
Victory Nest Asset Management Pte, a subsidiary of Hong
Kong-based Victory
Securities, has secured an asset management licence issued by
the Monetary
Authority of Singapore.
As a result of being given the MAS licence, Victory Global Asset Management Services can provide customised wealth inheritance and asset management solutions for middle and high net worth individuals and families through its Singapore company.
Victory Securities said that its assets under management have grown rapidly, up by more than 41 per cent over four years.