Intermediaries

Our regulation of intermediaries commences with the licensing of those who we determine to be fit and proper for the regulated activity or activities they plan to conduct. We then monitor their financial soundness and ensure that their conduct and activities comply with the relevant ordinances, codes and guidelines. Our supervisory approach and scope evolve with market developments over time. As such, global economic instability and the failure of a global institution continued to shape our monitoring priorities last year.

Licensing Supervision

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