Financial Regulation in Singapore

http://in.reuters.com/article/idINSGE68E00P20100930

 

My observation

The light touch regulation has been bad for retail investors, both local and overseas, and has given a bad reputation to Singapore.

More teeth needed to curb false ads

Last year, a top multinational cosmetics company ran a national press advertisement in Britain ...
ASA asked for substantiation... rejected the studies... banned in its original form.
The same advertisement ran its full course in Singapore.
If a complaint had been made to ASAS,
would it have had the clout to take on a huge multinational corporation?
Cheng Shoong Tat

http://www.straitstimes.com/STForum/Story/STIStory_586300.html

GIA's advice to motorists on no-claims discount

I REFER to the letter by Mr Derrick D'Souza last Thursday
('Get motorists up to speed on no-claim bonus protector').
GIA advises motorists to fully understand all aspects of this product
when considering its purchase...
Mark Lim Executive Director General Insurance Association of Singapore
http://www.straitstimes.com/STForum/Story/STIStory_586311.html

Motor accident with injury

Here is a case study of a motorist who met with an accident involving injury. The insurance company asked him to settle the injury claim out of court. He is worried about having to attend court.

www.tankinlian.com/latest.aspx

Kwa Geok Choo (Mrs. Lee Kuan Yew)

Here are a few nice words about Mrs. Lee.
www.easyapps.sg/sgep/latest.aspx.