Country Profile – Singapore : Shaping a fairer landscape
Source: Asia Insurance Review | Mar 2010
During the height of the financial crisis, cases of mis-selling were reported in various parts of Asia as well as in Singapore by anguished investors. The Singapore government had then introduced a guideline on fair dealing to address this and other related issues. Mr Joel Carpenter, Marketing Manager – SE Asia, Friends Provident International Ltd looks at this new Guideline, and shares what initiatives financial organisations need to put in place so as to deliver fair dealings to customers.
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