Centre for Investor Protection - Prof Mak Yuen Teen

[dreamybear]

I think it's welcome news for OPMIs though a statutory body might be more effective ... 

Meanwhile, interested and qualified VB looking for a career change may wish to consider applying for the post in the Centre ....  

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https://www.linkedin.com/feed/update/urn...634316288/
"I am delighted to announce the launch of the Centre for Investor Protection (CIP) at the NUS Business School, the first of its kind in Singapore dedicated to research on investor protection, and one of a few such centres in the world. This comes 20 years after I founded the first corporate governance centre in Singapore, the Corporate Governance and Financial Reporting Centre, at the School....

The projects to be conducted under the Centre will be primarily Singapore-focused, together with international studies that have significant implications for policy and practices relating to investor protection in Singapore and beyond ....".

The CIP is now recruiting a research manager..."

[EnSabahNur]

"To ensure its independence, the Centre will not accept donations or sponsorships from listed entities, or those that may affect or perceive to affect its independence.

To maximise the impact and reach of the Centre’s work, the Centre will actively pursue strategic partnerships and collaborations both locally and internationally. Such collaborations should be in line with the purpose of the Centre and not affect its independence."

This sounds like a good idea. I hope they do much more for public education as well.

[weijian]

The SFIPC sounds like a financial branch under the AGC. But it also performs functions that SIAS currently does. From the way it operates in Taiwan, it has much more bite than MAS+SIAS combined many times.

I believe SFA rules first need to change, before anything similar can happen in Spore. But changing those SFA rules probably bring about many other secondary effects and so this is 1 sacred cow that will probably stay around.

REFLECTIONS ON INVESTOR PROTECTION AND CAPITAL MARKET DEVELOPMENT IN TAIWAN

SFIPC: a unique investor protection body

On July 17, 2002, the President of Taiwan promulgated the Securities Investors and Futures Traders Protection Act, which became effective on January 1, 2003. The SFIPC was set up under the Act to provide consultation on the trading of securities and futures as regulated by related laws and regulations; mediation of disputes arising from the trading of securities and futures; and litigation services on behalf of investors. In addition, it manages a protection fund to compensate investors if a securities or commodities firm is unable to do so due to financial difficulties. In terms of legal structure, the SFIPC is a foundation under Taiwan’s legal system.

https://bschool.nus.edu.sg/cip/articles/...in-taiwan/