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MAS “makes it easier” for robo-advisors with new guidelines

The Monetary Authority of Singapore (MAS) has issued the ‘Guidelines on Provision of Digital Advisory Services’, easing the licensing and suitability requirements for robo-advisors operating in the city-state. Intending to “make it easier for entities offering digital advisory services”, the watchdog’s latest guidance aims to clarify how existing industry requirements laid out in the Securities and Futures Act (SFA) and…

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