Price adjustments, Compliance Rule 2-43(a)

FDMs will bear the burden of invalid prices generated by their own software, traders, matching systems, or user interfaces. Price adjustments will henceforth be permitted when settling complaints in the customer’s favor, and by FDMs that operate via STP and have been affected by a price adjustment on the...

MAS issues guidelines on Fair Dealing

Guidelines emphasize responsibilities of the Board and Senior Management of financial institutions to deliver fair dealing outcomes when providing financial advisory services to customers. They are to be read together with the Financial Advisers Act. They apply to the selection, marketing, and distribution...