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flag Venture capital groups in Southeast Asia launch "Maturation Map" to enhance startup governance.

flag Southeast Asian venture capital groups have introduced the "Maturation Map" to improve governance standards in the startup ecosystem, addressing growing concerns over financial mismanagement and fraud. flag Led by Singapore's SVCA and involving associations from Indonesia, Thailand, Vietnam, and Malaysia, the initiative outlines five key areas for improvement: diligence, financial oversight, advisor ecosystems, audit functions, and legal enforcement. flag The document is designed for ongoing updates and collaboration.

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