Guidelines
 Last Revised Date: 08 October 2018

Guidelines on Addressing Conflicts of Interest arising from a Related Corporation Issuing or Promulgating Research Analyses or Research Reports [SFA 04-G06]

How to identify and mitigate conflicts of interest that may arise when a related corporation issues research reports.
Applies to: Dealing in Capital Markets Products , Product Financing , Providing Custodial Services , Licensed Fund Management Company , Corporate Finance Advisory , REIT Management , Credit Rating Agency , Securities Crowdfunding , Venture Capital Fund Management Company , Exempt Capital Markets Services Entity
View Document Guidelines on Addressing Conflicts of Interest arising from a Related Corporation Issuing or Promulgating Research Analyses or Research Reports [SFA 04-G06] (146 KB)

These guidelines apply to:

  • Capital markets services (CMS) licensees
  • Banks, merchant banks or finance companies

which have related corporations that issue or promulgate research analyses or research reports, whether in electronic, print or other form, concerning any investment product.

They set out examples of potential conflicts of interest that may arise between the financial institution and its related corporation which carries out research activities, and MAS’ expectations on practices to mitigate such conflicts of interest.