MAS proposals a step forward in ‘democratising’ investing, ‘strikes right balance’: observers
The move is seen as a response to industry feedback, aiming to reduce complexity and broaden retail investor access to a wider range of financial products
[SINGAPORE] The Monetary Authority of Singapore’s (MAS) proposals to strengthen product highlights sheet (PHS) requirements and streamline the framework for complex products signal a major shift in the local investment landscape, say market observers.
The move is seen as a response to industry feedback, aiming to reduce complexity and broaden retail investor access to a wider range of financial products.
MAS launched a public consultation on Tuesday (Jul 1) and is seeking feedback until Sep 1.
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