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      Against a backdrop of geopolitical tensions, sluggish economic growth and industry demands for simplification, regulatory frameworks are being adapted at pace to facilitate growth, competitiveness and innovation.

      In this rapidly changing regulatory environment, KPMG’s 2025 Evolving Asset Management Regulation report serves as an essential resource for navigating today's shifting asset management regulatory landscape.

      This year’s report – the 15th in the series – features analysis of more than 200 regulatory developments across nearly 30 jurisdictions and global standard-setting bodies. Leveraging the KPMG member firms deep experience and innovative tools, this report identifies and explores the six key areas where asset management executives and firms will want to focus going forward.


      Six key regulatory themes for asset managers

      Select one of the chapters below to get an overview of each of the six key regulatory themes. Or download the full report to get all the details from around the world.

      Review your product suite and explore new international market access possibilities.

      Look for opportunities to offer retail investors private asset exposure within robust governance arrangements.

      Continue to develop compliant AI use cases and work with pilot regimes to explore the benefits of AI, tokenization and digital assets.

      Use new conduct frameworks to encourage a positive shift in culture and to re-evaluate whether current products and services continue to meet customer needs.

      Look at operational resilience as a source of competitive advantage and focus on moving it out of project implementation and embedding it across the first line of defense.

      Capitalize on efforts to simplify disclosure requirements and assess newly available data points to better inform investment decision-making.


      How KPMG can help

      At KPMG in Singapore, we combine deep local insights with the strength of KPMG’s global network to support asset management businesses in navigating today’s complex market environment. Our professionals in Audit, Tax and Advisory work closely with investment managers, wealth managers, fund administrators, and institutional investors such as pension funds and sovereign wealth funds, helping them address the unique challenges of operating in Singapore and across the wider Asia Pacific region.

      We understand the growing demands of regulators, investors and markets, and provide tailored services spanning compliance, governance, digital transformation, operational efficiency, and tax optimisation. Whether you are focused on mutual funds, hedge funds, private equity, infrastructure, or real estate, our local expertise, supported by global best practices, can help you respond confidently to risk and regulatory change, seize opportunities for growth, and position your business for long-term success.

      To learn more about how we can support your organisation, connect with our Singapore team today.


      Contact us

      Andrew Thompson

      Partner, Head of Asset Management and Private Equity, KPMG Asia Pacific

      KPMG in Singapore



      Connect with us

      KPMG combines our multi-disciplinary approach with deep, practical industry knowledge to help clients meet challenges and respond to opportunities. Connect with our team to start the conversation.