Singapore legislation

Regulation 7

of Financial Advisers (Complaints Handling and Resolution) Regulations 2021

Regulation 7

Information on complaints handling and resolution process to be publicly available

Subregulation 1

A financial adviser must ensure that information on the financial adviser’s process for handling and resolving complaints (including information on how to make a complaint and the contact details of the financial adviser’s unit mentioned in regulation 4(1)) is available to, and can be easily accessed by, any member of the public —

(a)

at the financial adviser’s place of business; and

(b)

on the financial adviser’s Internet website (if any).

Subregulation 2

For the purposes of regulation 5(3)(a), a financial adviser must provide a written notice that sets out a summary of the financial adviser’s process for handling and resolving complaints (including information on the procedures mentioned in regulation 5(3)(b) to (f)) to every complainant who has lodged a complaint with the financial adviser.