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the disclosure of compensation received.
Advisory Letters
MAS will also issue advisory letters to five content creators who may have
provided financial advice without a licence. They have been advised to adjust their
content and practices to be in line with MAS’ regulatory requirements. Persons who
continue to provide financial advice without a licence will face enforcement action.
“In today’s digital age, where there is increasing reliance on digital platforms
that transmit information rapidly, financial institutions and content creators must
ensure that the sharing of financial information and advertising of products and
services are performed responsibly. They must adopt the appropriate safeguards to
adhere to regulatory requirements and uphold consumer interests,” said Lim Tuang
Lee, Assistant Managing Director (Capital Markets) at MAS.
https://www.mas.gov.sg/news/media-releases/2025/initiatives-to-promote-responsible
-online-financial-content
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