MAS bans ‘capital protected’ tag in new structured product rules
The Monetary Authority of Singapore (MAS) has produced a raft of prescriptive new regulations for structured products distributors in the region, including a ban on using the words ‘capital protected’ in product literature.
It was originally suggested that an alternative definition could be used, but definitions mooted by banks “tended to be lengthy and not easily understandable,” according to the MAS.
“The ban on the words ‘capital protected investments’ is less about the words capital
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