Singapore's MAS responds to feedback on product regulation

Singapore prepares to implement

The Monetary Authority of Singapore (MAS) has responded to feedback given on the regulation of listed and unlisted investment products, saying it will implement most of the proposals put up in its previously released consultation paper in January.

The proposal includes assessments of retail customers' investment knowledge but also additional exams for those selling the products. "From a selling process standpoint, the key changes are the need to perform an assessment of the customer's ability to