Page 59 - 期货和衍生品行业监管动态（2025年2月刊）

期货和衍生品行业监管动态

but will not avail them to the same level of regulatory safeguards as retail investors.

These investors must choose to become AIs, and financial institutions are required by

regulation to explain clearly to them the safeguards they will forgo when opting to be

an AI.

Under the Fair Dealing Guidelines that MAS recently updated in May 2024,

financial institutions are also expected to consider a customer's profile, risk tolerance,

and financial knowledge, regardless of his or her AI status, to assess whether a

product is suitable for the customer before making a recommendation. Nonetheless,

regulatory safeguards are not a substitute for investor responsibility. All investments

carry risks, and investors are advised to engage only with products they fully

understand and that align with their risk tolerance.

https://www.mas.gov.sg/news/parliamentary-replies/2025/written-reply-to-parliament

ary-question-on-the-review-of-investor-definitions-under-sfa

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