Published Date: 23 July 2015

Public Consultation on Market Conduct Rules for Marketing and Distribution Arrangements of Financial Institutions at Retailers and Public Places

Proposed safeguards to mitigate market conduct risks posed to consumers arising from financial institutions (FIs)' marketing and distribution activities at retailers and public places. Some proposals include having FIs to conduct regular mystery shopping and site visits and ensuring that any gift offered to customers does not influence the decisions of customers to purchase any financial products and services. MAS also proposed a list of notification requirements for the FIs.
Consultation Number:
P012 - 2015
Start Date:
23 July 2015
Closing Date:
24 August 2015
MAS Response Date:
23 December 2016
Response date: 23 Dec 2016
The consultation response was published on 23 December 2016.