![]() The FMC must be licensed under the Securities and Futures Act of Singapore. Singapore family offices under the S13O scheme must now have at least two investment professionals such as a portfolio manager, a trader, and a research analyst and if unable to do so at the time of application, are granted one year grace period to hire the second one.īesides, the investment professional must have earnings exceeding SGD 3,500 (USD2,500) per month and have sufficient and satisfactory experience in this industry.Įarlier, under the S13O scheme, the fund only needed to be managed or advised by a fund management company (FMC) in Singapore. The fund must increase its AUM to SGD 20 million (USD14.6 million) within two years. While registering under the S13O scheme, Family offices based and incorporated in Singapore must have a minimum fund size of SGD 10 million (USD 7.3 million) at the time of application. The revised rules apply to Section 13O and Section 13U of the Singapore Income Tax Act in terms of minimum assets under management (AUM), growth of AUM over a specified period, business spending, local investments and the number of the investment professionals hired by family offices.Ī family office is a privately held wealth management advisory firm that manages the assets of ultra-high-net-worth families and handles financial investments, shares, properties and other assets including tax and legal affairs. The new rules have come into force from 18th April, Monday itself. For instance if you have a koosh ball you can see that towards the center of the kiosk ball there are lots of outshoots in a given area and they decrease as you move further away.The Monetary Authority of Singapore (MAS) announced new stricter rules on 18th April 2022 for family offices that are benefiting from tax incentives in the country. Since the beam is spreading out the number of x-rays passing through a given area is reduced when it is further from the x-ray source. If the x-rays all traveled in straight parallel lines the distance of the image receptor from the x-ray source would not impact the intensity of the x-ray beam that is incident on the image receptor. This spreading out of the x-rays as they leave the anode is referred to as a divergent beam since the individual x-rays are spreading out as they travel further from the x-ray anode. This is why it is important that the x-ray tube includes proper collimation so that only the desired region irradiates the patient. ![]() Each x-ray travels in a straight line and the x-rays collectively form a cone shape where the x-rays are spreading out as they leave the anode.Īs x-rays are traveling out from the anode they are referred to as isotropic since they are spreading out in all directions. The x-rays are generated within the anode material and come back out of the anode and travel towards the patient. X-rays in medical imaging are generated within an X-ray tube at the focal spot, which is where the electrons are incident onto the anode. ![]() The formula for the inverse square law in x-ray imaging is: mAs_new = mAs * (SID_new/SID)^2. The beam divergence leads to the inverse square law in x-ray imaging. spreading out as it leaves the focal spot). The Source to Image Distance (SID) is an important parameter in x-ray imaging as the x-rays beam is divergent (i.e. Are x-ray beams isotropic? X-rays are Divergent. ![]()
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