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BNY Mellon extends SMA business to Singapore

Six months after BNY Mellon received the green light from Hong Kong regulators to establish its separately managed accounts (SMA) business – the first of its kind in Asia – the New York-headquartered financial institution has extended its reach to Singapore. BNY Mellon has received a Capital Markets Services license from Monetary Authority of Singapore (MAS) to operate its SMA…

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