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MAS shows signs of moving towards Hong Kong standard of suitability: Synpulse

In its latest information paper guiding private banks on sales and advisory practices, the Monetary Authority of Singapore (MAS) tends to converge with the client suitability standards set by the Hong Kong Monetary Authority (HKMA), according to Synpulse. MAS released its Information Paper on Private Banking Sales and Advisory Practices this February, reviewing the standards of governance, investment suitability, pricing…

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