Dear Friends In HK the AUTHORITY was DIRECTLY involved in the investigation of complaint. In Singapore, MAS delegate to 3 individual persons, to oversee the complaint process and leave the man-on-the-street-corner to be cornered by the FI.
The compensation by HK BROKER to investors is largely due to the AUTHORITY involvement? Do you think so? Do you agree?
Imagine, two scenarios: [a] The rapist faces investigation by the police vs. [b] The rapist faces investigation by the the rapist relatives [ie another dept of the FI is deemed independent] and 3 wisemen to ensure the investigation is fair etc.
Dear Friends
ReplyDeleteIn HK the AUTHORITY was DIRECTLY involved in the investigation of complaint. In Singapore, MAS delegate to 3 individual persons, to oversee the complaint process and leave the man-on-the-street-corner to be cornered by the FI.
The compensation by HK BROKER to investors is largely due to the AUTHORITY involvement? Do you think so? Do you agree?
Imagine, two scenarios:
[a] The rapist faces investigation by the police vs.
[b] The rapist faces investigation by the the rapist relatives [ie another dept of the FI is deemed independent] and 3 wisemen to ensure the investigation is fair etc.
From CASHEW NUT
Shame on MAS and the singapore government over their handling os this issue. This clearly show who has the hearts of its citizen.
ReplyDeleteEven budget is pro-business, citizens are left to fence for themselves
It is time to vote them out