These guidelines apply to all licensed financial advisers and exempt financial advisers.
They set out how the Monetary Authority of Singapore will assess applications for exemption under , in respect of any financial advisory service provided by a specialised unit that serves high net worth individuals. These include:
- Criteria that the Authority would consider in assessing applications.
- Types of clients that may be served by the Unit.
- Conditions that may be imposed with the granting of the exemption.
- 26 Nov 2010
- FAA-G07 (Amendment) 2010 takes effect.