MAS
Singapore financial firms on alert after hack
Financial institutions across Singapore have been warned to tighten their customer verification processes after the personal details of 1.5 million people were stolen in a cyberattack.
Three ways Singapore advisers need to build trust
Singapore’s regulator has called on advisers to build trust by empowering clients, raising conduct standards and enhancing oversight.
Retirement | 28 Jun 18
UK regulator threatens drawdown fee caps
The Financial Conduct Authority has warned the pensions industry to clarify its charges or face caps, as part of a bid to drive up engagement and reduce costs for retirees in drawdown.
Dimensional in aggressive Asia fund push
US-based Dimensional Fund Advisors is awaiting regulatory approval from the Monetary Authority of Singapore (MAS) for nine funds to be sold in the Lion City, according to records from the regulator.
Six Singapore advisers banned for mis-selling
Former Prudential, AIA and Citibank employees have been prohibited from providing financial advice services in Singapore, after they were found to have mis-sold investment products.