Gain timely investment insights on:
By subscribing, you agree to receive research insights and marketing communications from us. You may unsubscribe at any time. See our Privacy Policy for details.
The MAS has released measures that will come into effect from 1 January 2012 to further safeguard the interests of Singapore retail investors.
Under this regime, financial products will be classified as “Excluded Investment Products” (“EIPs”) or “Specified Investment Products” (“SIPs”).
SIPs are financial investment products regulated under the Securities and Futures Act (“SFA”) that are not EIPs. SIPs are deemed to have features and terms that require more knowledge to understand.
SIPs are then further divided into two general types:
- certain financial products that listed on a securities or futures exchange in and outside of Singapore; and
- those that are not listed on any securities or futures exchange.
SIPs include Exchange Traded Funds, Exchange Traded Notes, Extended Settlement Contracts, Structured Warrants, Stapled Securities, Callable Bull / Bear Contracts, Futures, Options, and Unit Trusts.
You can identify SIPs in the UTRADE platform by the '@' appended at the end of stock names.
Please visit SGX or MAS to find out the basic terms and features of the various types of SIPs.
Reference materials
Customer Account Review (CAR) / Customer Knowledge Assessment (CKA)
Risk Warning Statement for Overseas-Listed Investment Products
Declaration of Accredited / Expert / Institutional Investor Status