Regulatory Alerts2015-07-07
Added
Guidelines on Good Drafting Practices for Prospectuses
The Monetary Authority of Singapore issued these guidelines to require issuers and their advisers to draft prospectuses using plain English, ensuring information is clear, concise, and accessible to retail investors. The document mandates specific drafting techniques such as using active voice, avoiding legal jargon, and employing personal pronouns to enhance readability and facilitate informed investment decisions. Additionally, it requires that prospectuses be kept as short as possible by removing redundant information and presenting data in a logical, well-organized manner with effective use of visuals and headings.
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