The Monetary Authority of Singapore (MAS) requires us to assess your investment knowledge and experience through Customer Account Review (CAR) and/or Customer Knowledge Assessment (CKA) to access Specified Investment Products (SIPs).
Any 1 of the following criteria can be satisfied to trade in SIPs:
All Singapore brokers have to assess that investors have the relevant knowledge and experience before they can invest using SIPs as part of the initiatives by the Monetary Authority of Singapore (MAS) to provide trading safeguards to retail investors from 2012.
You can sign up for and complete the online modules offered by SGX and ABS-SAS.
Click here to sign up for SGX SIP Online Education Module.
Online learning module with SGX covers the key features and risks of listed SIPs. The module takes approximately 40mins to complete and you will need to score at least 15 out of 20.
Click here to sign up for ABS-SAS E-Learning Modules.
ABS-SAS offers five modules of the SIPs. You will be required to pass in the selected assessment of the module for a SIP you are interested to invest in. You will need to score at least 13 out of 15.