The Monetary Authority of Singapore (MAS) has issued a guide on "good practices for licensed and exe...
The Monetary Authority of Singapore (MAS) has issued a guide on "good practices for licensed and exempt financial advisers." According to MAS, the paper on Good Practices for Licensed and Exempt Financial Advisers is designed to assist IFAs to "enhance their advisory and sales process, complaints handling, compliance function and competency levels of their representatives." The good practices of some advisers that have been noted by MAS in supervising the sector have been highlighted in the paper. "Some of the good practices highlighted include the controls and safeguards put in place by...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes