You are here

Banks unfazed by stricter rules for defining accredited investors

They say the regulations won't have material impact on wealth management revenues or their private banking business
Tuesday, October 4, 2016 - 05:50

Singapore

BANKS are sanguine about their wealth business ahead of new rules defining who qualifies to be truly rich, saying the impact of these rules is not going to be significant.

In a bid to protect retail investors, the Monetary Authority of Singapore (MAS) is tightening the

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom