The MAS has released new measures that will come into effect from 1 January 2012 to further safeguard the interests of Singapore retail investors.

Under this new regime, financial products will be classified as “Excluded Investment Products” (“EIPs”) or “Specified
Investment Products” (“SIPs”).

Please note that these new regime applies to trading in “SIPs”
and that it affects Singapore retail customers. (It will not affect institutional investors, expert investors, accredited investors,
and non-residents.)

Under the new regime, UOB Kay Hian (“UOBKH”), and other intermediaries in Singapore, will be required to assess whether
a Singapore retail customer has the relevant knowledge or experience to understand the risks and features of SIPs.

Please note that for existing customers of UOBKH, we have already started conducting Customer Account Review
(“CAR” – see below for more information) for some clients
to determine if you have fulfilled the criteria or not.

Click here to learn more.