Contact Details

+65 6320 1888
  • Get a Quote
Call
Skype
WhatsApp
Email
Singapore Corporate Service Provider - Rikvin

Singapore Company Registration Specialists

MENUMENU
  • Home
  • Services
    • Our Services
    • Company Registration
    • Immigration & Work Visa
    • Tax and Accounting
    • Business Support
    • Offshore Incorporation
    • International Expansion
    • Switch to Rikvin
  • Services
  • Learn
    • Learn About
    • Incorporation
    • Relocation and Work Visas
    • Taxation and Accounting
    • Annual Compliance
    • Resources
    • Infographics
    • Industry Guides
    • Business Reports
    • Country Reports
    • Download Guides
    • FAQs
  • Learn
  • Tools
    • Incorporation
    • Company Name Check
    • SSIC Codes Search
    • AGM Calculator
    • Tax Calculators
    • Personal Tax Calculator
    • Corporate Tax Calculator
    • Global Tax Calculator
    • Work Visas
    • PEP Assessment
    • More Free Tools
  • About
    • About Rikvin
    • About Us
    • Why Us
    • Our Team
    • Our Partners
    • Our CSR
    • Join Our Team
    • Scholarship Programs
    • Testimonials
    • Our Valued Clients
    • Testimonials
    • Service Ratings
  • Community
    • News & Reviews
    • Blogs
    • Press Releases
    • In.Conversation
    • Videos
    • Newsletters
    • Subscribe to Mailing List
    • We're Social
    • Facebook
    • Google+
    • LinkedIn
    • Twitter
  • Contact
You are here: Home / Blogs / Singapore refines list of investment products

Singapore refines list of investment products

Singapore’s Monetary Authority (MAS) has recently added three types of products to its list of Excluded Investment Products (EIPs), thereby expanding the variety of investment offerings (inclusive of foreign-listed products) to ordinary investors in Singapore.

Singapore Company Registration specialist Rikvin is optimistic that the move, which will come into effect in October 1, 2012, will give not only ordinary, but seasoned investors and high net worth individuals (HNWIs) in Singapore a wider array of complex investment products to invest in. Rikvin is also optimistic that by opening up the playing field to ordinary investors, Singapore will create a freer and more dynamic investment environment which in turn benefits investors and businesses.

EIPs will include 1) EIP-equivalent investment products listed on foreign exchanges, 2) some Collective Investment Schemes (CIS) and 3) sub-funds of Investment-linked Life Insurance Policies (ILPs) with effect of October 1, 2012.

As EIPs are categorized by complexity, rather than risk levels, banks and brokerages will also be required to 1) counsel potential clients of risks related to the product as well as 2) to ensure a client’s approval on the risk warning disclosure prior to their first purchase.

Commenting on the move, Mr. Satish Bakhda, General Manager and Head of Rikvin’s Operations said, “On one level, we welcome the move to expand the EIP offerings to new ordinary investors as this would help create a more robust and heterogeneous trading environment. At the same time, this move signals seasoned investors and HNWIs that trading in Singapore is a little freer and this may enhance the republic’s attractiveness as an investment location. This in turn benefits EIP-related businesses and may sway their decision to form a Singapore company.”

“On another level, we also welcome the new requirement for intermediaries to counsel investors prior to purchase. When investors make decisions that are sound and informed, their likelihood of reaping higher returns are increased. This in turn safeguards their interests as well as the businesses offering the products,” affirmed Mr. Bakhda.

Suggested Readings

Singapore Targets Higher Tourism Receipts in 2013 Rikvin Featured in CNBC! Singapore Employment Pass Framework to be Finetuned Again! 4 PIC Tips that Could Save You So Much Trouble
← From XXS to XXL: Singapore Fashion Startups Liven Online Retail Business What Makes Singapore Tick? →

Talk to our experts

  • This field is for validation purposes and should be left unchanged.
Rikvin Connect

Plug in to the latest business news, trends and company updates. Delivered straight to your inbox.

Learning Resources

  • Company Incorporation
  • Work Visas and Passes
  • Taxation and Accounting
  • Corporate Compliance
  • Singapore Industry Guides
  • Business Reports
  • Country Reports
  • Downloads

Our Services

  • Company Registration
  • Immigration and Work Visas
  • Taxation and Accounting
  • Business Support
  • Trademark Registration
  • Offshore Incorporation

View Sitemap·Is there anything wrong with this page?

Last updated: [last-modified]

Company Registration

  • Company Incorporation
  • Subsidiary Registration
  • Branch Registration
  • Rep Office Registration
  • Incorporation Packages

Immigration

  • Employment Pass Guide
  • EntrePass Guide
  • PEP Guide
  • Singapore Work Visas
  • Permanent Residence Scheme

Taxation

  • Corporate Tax Guide
  • Personal Tax Guide
  • Tax Filing Calendar
  • Singapore GST Guide
  • PIC Scheme Guide

Ongoing Compliance

  • Regulatory Compliance
  • Staying compliant with ACRA
  • Staying compliant with IRAS
  • Business Licenses/Permits
  • Trademark Registration

Sitemap | Terms of Use | Privacy Policy | © 2019 Rikvin Pte Ltd (UEN 200708442E). All Rights Reserved.
30 CECIL STREET, #19-08 PRUDENTIAL TOWER, SINGAPORE 049712 | PHONE: +65 6320 1888