Regulatory Alerts2018-10-05
Added
MAS Notice FAA-N03 Information to Clients and Product Information Disclosure
The Monetary Authority of Singapore issued Notice FAA-N03 to establish general principles and requirements for disclosures made by financial advisers and their representatives to clients. The notice mandates the disclosure of specific information including regulatory status, adviser remuneration, conflicts of interest, and key features, benefits, and risks of designated investment products. It applies to licensed and exempt financial advisers as well as specific service companies to ensure transparency and protect client interests.
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