Frequently Asked Questions
Accredited Investor
What do “Related liabilities” in the financial assets of the definition of AI refer to?
As stated in paragraph 6.49 of MAS’ Response to Feedback Received on Proposals to Enhance Regulatory Safeguards for Investors in the Capital Markets dated 22 September 2015 (“MAS’ Response to Feedback Received”), “related liabilities” include a margin account and credit lines taken to finance an investment portfolio. FIs should collect adequate information on an investor’s liabilities to ascertain which are related to their financial assets.
Other faq that might help you
- Do I need to qualify as an accredited investor to purchase wholesale bonds, restricted unit trust, universal life policies, and participate in legacy planning?
- What are the wholesale bonds that I can access?
- What restricted unit trust funds do you offer?
- What universal life policies and legacy planning do you offer?
- How do I opt-in to be an accredited investor?
- Are financial assets held with other financial institutions (FIs) in Singapore taken into consideration when computing total asset value?
- What does “Primary residence” referred to?
- I have a joint account. I am qualified to declare as an AI but the other account holder is not qualified. How can my joint account be eligible to trade AI products?
- An AI includes “a corporation the entire share capital of which is owned by one or more persons, all of whom are accredited investors”. Does the requirement for the entire share capital of the corporation to be owned by AIs apply to the immediate owners of the client, or does it apply to the ultimate owners of the client?
- Can an existing AI withdraw consent and choose not to be treated as AI?
- I am an Accredited Investor with the bank/another broker, do I need to opt-in as an AI with PSPL?
- How do I qualify as an Accredited Investor using Net Personal Assets?
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