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 Nachrichten

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.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 5. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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.
Herkunft: STForeignDesk - 🏆 4. / 71 Weiterlesen »

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