Wednesday, September 23, 2015

Avoiding investment scams in Singapore

The Monetary Authority of Singapore is enhancing regulatory safeguards for investors.
My personal translation: Helping Singaporeans avoid investment scams in Singapore. 

You can find here a short list of scams and/or caution to take in Singapore.

So in a press release MAS says the key changes are:
  • Retail investors in non-conventional investment products will be accorded the same regulatory safeguards as investors in capital markets products.
  • Investors who meet prescribed wealth or income thresholds to qualify as accredited investors (AIs)2 will have the option to benefit from the full range of regulatory safeguards that are applicable for retail investors. 

For the full press release: