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I, II and III

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$50,000

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Answer updated on: 31 Mar 2019

A wholesale bank can accept fixed deposits of at least S$250,000 from both residents and non-residents of Singapore but an offshore bank can accept fixed deposits of at least S$250,000 only from non-resident of Singapore

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Answer updated on: 31 Mar 2019

The failure of a Covered Person to meet the â€œfit and properâ€ criteria set out in the Guideline may not lead to an automatic revocation of the status of an â€œappointed representativeâ€

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9.00%

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55%

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I, II and III

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Answer updated on: 06 Jan 2019

The amount and quality of the collateral the client is willing to place

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$50,000

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I, II and III

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1 Answer

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Asked on: 31 Mar 2019

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