Tag: Content Creators
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New MAS Guidelines for Content Creators on Financial Advice
Introduction to MAS Advisory Letters On September 25, the Monetary Authority of Singapore (MAS) announced that it would issue advisory letters to five content creators suspected of providing financial advice without a proper license. This move is part of MAS’s larger initiative to enhance the regulatory framework surrounding online financial advertising. New Guidelines Effective March…
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New MAS Regulations for Content Creators Providing Financial Advice
Introduction The Monetary Authority of Singapore (MAS) is stepping up its regulatory efforts in response to the growing trend of unlicensed financial advice being disseminated by online content creators. In a press release on September 25, 2023, MAS announced that advisory letters have been issued to five unnamed content creators, warning them about providing financial…