Connect with us

Uncategorized

MAS never said products are risk-free – MAS Dep Chairman

Deputy Chairman of MAS explains the Government’s position on structured products.

Published

on

From Straits Times report:

Mr Lim also addressed Mr Low’s question on whether structured products were low-risk or safe.

The Minister said that the product’s prospectus would have outlined the risks: ‘These are explained in the first page or second page , that these are structured products and it’s in bold print, that you can lose everything.

‘So MAS has never said that these are risk-free products or low-risk products or safe products.’

Part One:

Part Two:

Share this:
Continue Reading
Click to comment
Subscribe
Notify of
0 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments

Trending