Singapore legislation

Regulation 6

of Financial Advisers (Complaints Handling and Resolution) Regulations 2021

Regulation 6

Oversight of compliance with Regulations

A financial adviser must appoint either of the following to be responsible for the oversight of compliance with these Regulations by the financial adviser:

(a)

a member of the financial adviser’s senior management who is not directly involved in the provision of any financial advisory service;

(b)

a committee comprising 2 or more members of the financial adviser’s senior management who are not directly involved in the provision of any financial advisory service.