[Singapore] MAS
Releases Results of Third Mystery Shopping Exercise – Majority of Recommended
Products Met Customers’ Needs
MAS
News, 22 Jun 2021
The
MAS released the findings of its third mystery shopping exercise (MSE). Results
from the MSE show that majority of product recommendations made by Financial
Adviser representatives met the mystery shoppers’ investment and protection
needs.
Full
text: click here
[Hong Kong] Legislative Council Questions -
Exempting certain persons from compulsory quarantine when entering Hong Kong
HKSAR
Press Release, 23 Jun 2021
Secretary for
Financial Services and the Treasury, Mr Christopher Hui, was asked about the
latest update on the implementation of the quarantine exemption arrangement for
senior personnel of institutions in the banking sector, insurance sector and
securities and futures sector as well as locally listed companies in the
Legislative Council today. Hui replied that as of June 22 2021, financial
regulators and the Stock Exchange of Hong Kong have received 151 applications
under the quarantine exemption arrangement mentioned above, among which two
have been approved and 105 have been rejected or withdrawn. The remaining
applications are under processing. The Financial Services and the Treasury
Bureau and financial regulators will closely monitor the implementation of the
arrangement and review the detailed arrangement in accordance with the
directives given by the health authorities from time to time.
Full text: click here
