Regulatory Alerts2021-06-29
Added
Financial Advisers (Structured Deposits - Prescribed Investment Product and Exemption) Regulations 2021
The Monetary Authority of Singapore issued these regulations to prescribe structured deposits as investment products under the Financial Advisers Act. The rules apply to licensed and exempt financial advisers, establishing specific regulatory requirements for the advisory and sales of these instruments. This amendment ensures that structured deposits are treated consistently with other prescribed investment products for compliance purposes.
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