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Revised accredited investor regime requires PBs make “substantial changes”

Photo by Samuel Zeller on Unsplash

Singapore’s new accredited investor regime requires private banks to make “substantial changes” to their processes and systems in order to successfully adapt to the new rules and ensure a smooth client experience, according to industry players. The Monetary Authority of Singapore’s (MAS) revised regulations pertaining to accredited investors (AIs) will come into effect on 8 April — three months after…

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