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Revised SFA: Tighter definition for accredited investors
Published Mon, Jan 9, 2017 · 09:50 PM
Singapore
A TIGHTENED definition for accredited investors is among the wide-ranging amendments to Singapore's Securities and Futures Act (SFA) passed into law on Monday.
The latest rules, which banks have been made aware of since 2014, will introduce an opt-in regime such that to-be accredited investors have to decide to take on the status, on top of qualifying for it.
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