Requirements for financial advisers and their representatives with respect to recommendations made on investment products.

This consultation paper seeks to: i. clarify and refine the tier structure requirements ii. consolidate and effect the tier structure requirements under the Financial Advisers Act (Cap. 110) iii. introduce restrictions on the direct payment of remuneration to, and acceptance of remuneration by, representatives and/or...

Consultation number:

P011-2021

Start date:

12 July 2021

Closing date:

13 August 2021

Status:

Closed

General principles and requirements that apply to all disclosures to clients by financial advisers and their representatives.

Contains the link to FAQs providing guidance on MAS' policy and administration of the Spreading and Capping of Commission rules.