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Singapore amends Securities and Futures Act to tighten up investor accreditation

( January 11, 2017, 10:17 GMT | Insight) -- Singapore's parliament has approved changes to the Securities and Futures Act, which among other things, will tighten the classification of accredited investors, improve the transparency of capital markets, and also give more enforcement power to the Monetary Authority of Singapore, the Straits Times reports. Singapore's parliament has approved changes to the Securities and Futures Act, which among other things, will make tighten the classification of accredited investors, improve the transparency of capital markets, and also give more enforcement power to the Monetary Authority of Singapore, the Straits Times reports. Minister of Education Ong Ye Kung told parliament that the changes were significant and would help establish better safety mechanisms for retail investors, among other things....

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