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Financial advisory
RES5Financial Advisory Services✓Under Singapore's regulatory framework for public property funds and REITs, which of the following safeguards apply? (i) a licensed manager and an independent trustee are required; (ii) properties must be independently valued and interested-party (related-party) transactions disclosed; (iii) a public-offer REIT must be authorised (if Singapore-constituted) or recognised (if overseas) with a prospectus and product highlights.
Singapore's Code on Collective Investment Schemes requires a licensed manager, an independent trustee, independent property valuation, disclosure of interested-party transactions, and authorisation or recognition with a prospectus and product highlights. All three safeguards apply.
Picking a single safeguard when the regime combines all of them to protect retail investors.
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