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MAS has obligation to block such high risk financial products to be imported, and equally those distributors are also quilty in the product advertisement and promotion! Morgan Stanley’s unethnical business practises together with local collaborators (namely distributors) with apparent intention to misled, no wonder we have so many causalities in Singapore. If MAS dare not challenge foreign banks, we should be looking forward to more miseries, sign…… Poor Singaporean.
ReplyWould anyone like to share their experience during the interview with RMs? I heard it lasted 2 hours !!!
ReplyCHOK,
The link is good and free access. Go to http://www.singaporelawwatch.sg/remweb/legal/ln2/rss/legalnews/59277.html
VSL
ReplyThe URL link is not valid. It requires subscription to lawnet.
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