News Formal

Singapore Industry Body Calls for Regulation of Financial Practitioner Trainers

  • 📰 straits_times
  • ⏱ Reading Time:
  • 19 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 69%

Finance Notícia

Financial Training,Regulation,Singapore

Singapore's Insurance and Financial Practitioners Association (Ifpas) is advocating for the regulation of financial practitioner trainers, emphasizing the need for minimum professional qualifications to ensure ethical and regulatory standards are met.

SINGAPORE - Those who train financial practitioners in Singapore should have minimum professional qualifications and be regulated, said an industry body.

These trainers often charge fees when dishing out sales or advisory techniques and can influence how financial practitioners approach consumers, it added. To ensure accountability and quality of training, MAS should also set up a framework to regulate individuals or entities providing professional training in the financial services sector, it proposed.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 5. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Extend regulation to trainers of financial practitioners in Singapore, urges industry bodyThere has been a rise in the number of untrained or unlicensed trainers, said Ifpas.
Fonte: STForeignDesk - 🏆 4. / 71 Consulte Mais informação »

Singapore’s insurance industry faces challenge in attracting young talent, despite competitive benefits,%
Fonte: IndependentSG - 🏆 2. / 72 Consulte Mais informação »