Published:
Here’s how Singapore should be shielding its wealthy investors
Regulatory preference should treat all individuals as retail investors.
Over the last eight years, the Monetary Authority of Singapore has continuously rolled out measures to protect lenders from the fallout of risky investments. However, Swiber’s recent default shows that regulations to shield the city-state’s wealthy investors may be coming too late, Bloomberg shared in a report.
“Given just how desperate the hunt for yield has become in a world of negative interest rates, the regulatory preference should be to treat all individuals, regardless of their wealth, as retail investors,” Bloomberg revealed.
Read the full report here.
Read Here
Advertise
Sign Up
