{"id":23682,"date":"2025-09-05T08:51:38","date_gmt":"2025-09-05T07:51:38","guid":{"rendered":"https:\/\/www.bordier.com\/?post_type=legal_compliance&p=23682"},"modified":"2025-09-05T08:51:40","modified_gmt":"2025-09-05T07:51:40","slug":"singapore-legal-and-compliance-research-investment-and-marketing-materials","status":"publish","type":"legal_compliance","link":"https:\/\/www.bordier.com\/es\/legal-and-compliance\/singapore\/singapore-legal-and-compliance-research-investment-and-marketing-materials\/","title":{"rendered":"Singapore – Legal and Compliance – Research, investment and marketing materials"},"content":{"rendered":"\n
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Legal & Compliance<\/h6>\n\n\n\n

Research, investment and marketing materials<\/strong><\/h1>\n\n<\/div> <\/div>\n <\/div>\n <\/section>\n\n\n
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This material is for the use of the recipient in accordance with the restrictions and\/or limitations implemented by any applicable laws and regulations only. It is intended only for the recipient and may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Bank\u2019s prior written consent.<\/p>\n\n\n\n

Unless otherwise indicated, the information is made available for informational purposes only, without considering the recipient\u2019s financial situation, investment objectives, risk tolerance, financial situation, or any other particular needs and should not be treated as legal or taxation advice.<\/p>\n\n\n\n

The information is not and should not be construed as an offer or a solicitation to deal in any investment product or to enter into any legal relations. Any investment decision made based on the information provided is the sole responsibility of the client. The Bank disclaims any liability for any losses or damages resulting from the use of this information. The Bank assumes no responsibility for the way in which the client may choose to use or apply this information, or for any investment decision or transaction that the client might undertake as a consequence. It is the client\u2019s own responsibility to ensure that this product is suitable for him or her and the client must make his or her own decision concerning this product. The client may also wish to obtain advice from other sources before making any decision.<\/p>\n\n\n\n

Past performance is not indicative of future results. Any forecast on the economy, stock market, bond market and economic trends of the markets are not necessarily indicative of the future or likely performance of the product. Any investment involves risks, including the total loss of the invested capital.<\/p>\n\n\n\n

For queries arising from, or in connection with this material, please contact the person who sent you this material.<\/p>\n\n\n\n

This advertisement has not been reviewed by the Monetary Authority of Singapore.<\/p>\n\n\n\n

Where this material relates to securities or securities-based derivatives contracts, this clause applies:\u00a0<\/h5>\n\n\n\n

This material has not been registered as a prospectus with the Monetary Authority of Singapore (\u201cMAS\u201d). Accordingly, this material and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the securities or securities-based derivatives contracts may not be circulated or distributed, nor may the securities or securities-based derivatives contracts be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor (as defined in the Securities and Futures Act 2001 of Singapore, as amended or modified (the \u201cSFA\u201d)) pursuant to Section 274 of the SFA, (ii) to a relevant person (as defined in Section 275(2) of the SFA) pursuant to Section 275(1) of the SFA, or any person pursuant to Section 275(1A) of the SFA, and in accordance with the conditions specified in Section 275 of the SFA and, where applicable, the conditions specified in Regulation 3 of the Securities and Futures (Classes of Investors) Regulations 2018, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA.<\/p>\n\n\n\n

Where securities or securities-based derivatives contracts are subscribed or purchased under Section 275 of the SFA by a relevant person which is:<\/p>\n\n\n\n

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  • (a) a corporation (which is not an accredited investor (as defined in the SFA)) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or<\/li>\n\n\n\n
  • (b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary of the trust is an individual who is an accredited investor,<\/li>\n<\/ul>\n\n\n\n

    securities (as defined in Section 2(1) of the SFA) or securities-based derivatives contracts (as defined in Section 2(1) of the SFA) of that corporation or the beneficiaries\u2019 rights and interest (howsoever described) in that trust shall not be transferred within six months after that corporation or that trust has acquired the securities or securities-based derivatives contract pursuant to an offer made under Section 275 of the SFA except:<\/p>\n\n\n\n

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    • (1) to an institutional investor or to a relevant person, or to any person arising from an offer referred to in Section 275(1A) or Section 276(4)(c)(ii) of the SFA;<\/li>\n\n\n\n
    • (2) where no consideration is or will be given for the transfer;<\/li>\n\n\n\n
    • (3) where the transfer is by operation of law; or<\/li>\n\n\n\n
    • (4) as specified in Section 276(7) of the SFA.<\/li>\n<\/ul>\n\n\n\n
      Where this material relates to units of the collective investment scheme authorised or recognised under the SFA, this clause applies:\u00a0<\/h5>\n\n\n\n

      The collective investment scheme is authorised under Section 286 of the Securities and Futures Act 2001 of Singapore, as amended or modified (the \u201cSFA\u201d) or recognised under Section 287 of the SFA. Past performance and any forecasts are not necessarily indicative of the future or likely performance of the fund(s). The value of units and the income from them may fall as well as rise. The fund(s) is\/are subject to investment risks. Investors should read the Prospectus and Product Highlights Sheet (where applicable), obtainable from your relationship manager, the fund manager or its distributors, before investing.<\/p>\n\n\n\n

      Where units of the collective investment scheme are or will be listed on an exchange, and all or most investors may only deal in the units through the exchange, investors cannot redeem the units with the manager for the scheme or investors may only redeem units with the manager for the scheme under certain specified conditions. The listing of the units does not guarantee a liquid market for the units.<\/p>\n\n\n\n

      Where this material relates to units of the collective investment scheme\u00a0entered into the list of restricted schemes maintained by MAS, this clause applies:\u00a0<\/h5>\n\n\n\n

      The offer or invitation of the units of the collective investment scheme which is the subject of this material do not relate to a collective investment scheme which is authorised by the Monetary Authority of Singapore (\u201cMAS\u201d) under section 286 of the Securities and Futures Act 2001 (the \u00abSFA\u00bb) or recognised by the MAS under section 287 of the SFA, and are not allowed to be offered to the retail public.<\/p>\n\n\n\n

      This material is not a prospectus as defined in the SFA, nor will it be lodged or registered as a prospectus with the MAS and, accordingly, statutory liability under the SFA in relation to the content of prospectuses does not apply, and potential investors should carefully consider whether an investment in this material is suitable for them. The MAS assumes no responsibility for the contents of this material.<\/p>\n\n\n\n

      No subscription or purchase or offer or invitation to subscribe for or purchase the units of the collective investment scheme which is the subject of this material may be made, circulated or distributed, either directly or indirectly, to any person in Singapore other than: (i) to an institutional investor (as defined in section 4A of the SFA) pursuant to section 304 of the SFA; (ii) to a relevant person (as defined in section 305(5) of the SFA) pursuant to section 305(1) of the SFA; (iii) on terms that the minimum consideration is the equivalent of Singapore dollars 200,000 in accordance with section 305(2) of the SFA; or (iv) pursuant to, and in accordance with the conditions of, any other exemption under the SFA.<\/p>\n\n\n\n

      Where an offer is made to institutional investors pursuant to section 304 of the SFA, the following restrictions (under section 304A) apply to the units of the collective investment scheme which is the subject of this material acquired pursuant to such an offer.  Where such units are first sold to any person other than an institutional investor, the requirements of Subdivisions (2) and (3) of Division 2 to Part 13 of the SFA will apply to the offer resulting in such sale, save where the units acquired are of the same class as, or can be converted into the units of the collective investment scheme which is the subject of this material of the same class:<\/p>\n\n\n\n

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      • (i) which are listed for quotation on an approved exchange (as defined in the SFA); and<\/li>\n\n\n\n
      • (ii) in respect of which any prospectus, offer information statement, introductory document, unitholders\u2019 circular for a reverse take-over, document issued for the purposes of a trust scheme, or any other similar document approved by an approved exchange (as defined in the SFA), was issued in connection with an offer of the units of the collective investment scheme which is the subject of this material or the listing for quotation of those the units of the collective investment scheme which is the subject of this material.<\/li>\n<\/ul>\n\n\n\n

        Where an offer is made to relevant persons pursuant to section 305 of the SFA, the following restrictions (under section 305A) apply to the units of the collective investment scheme which is the subject of this material acquired pursuant to such an offer.  Where such units are first sold to any person other than (i) an institutional investor; (ii) a relevant person; or (iii) on terms in accordance with section 305(2) of the SFA, the requirements of Subdivisions (2) and (3) of Division 2 to Part 13 of the SFA will apply to the offer resulting in such sale, save where the units acquired are of the same class or can be converted into the units of the collective investment scheme which is the subject of this material:<\/p>\n\n\n\n

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        • (i)\u00a0 which are listed for quotation on an approved exchange (as defined in the SFA); and<\/li>\n\n\n\n
        • (ii) in respect of which any prospectus, offer information statement, introductory document, unitholders\u2019 circular for a reverse take-over, document issued for the purposes of a trust scheme, or any other similar document approved by an approved exchange (as defined in the SFA), was issued in connection with an offer of those units, or the listing for quotation of those units.<\/li>\n<\/ul>\n\n\n\n

          Further, where the units of the collective investment scheme which is the subject of this material are acquired pursuant to an offer made in reliance on section 305 of the SFA and the acquirer is:<\/p>\n\n\n\n

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          • (a) a corporation which is not an accredited investor (as defined in the SFA), whose sole business is to hold investments and the entire share capital of which is owned by individuals each of whom is an accredited investor); or<\/li>\n\n\n\n
          • (b) a trust of which the trustee is not an accredited investor and whose sole purpose is to hold investments for the benefit of beneficiaries each of whom is an accredited investor,
            then no securities of such a corporation and no rights and interests of the beneficiaries in such a trust (as the case may be) shall be transferred for a period of 6 months from the time the corporation or trust (as the case may be) acquired units, unless such transfers are in accordance with the conditions specifically provided in sections 305A(2) and 305A(3) of the SFA (as the case may be).<\/li>\n<\/ul>\n\n\n\n
            Where this material relates to structured deposits, this clause applies:<\/h5>\n\n\n\n

            The product is a structured deposit. Unlike traditional deposits, structured deposits have an investment element and returns may vary. A structured deposit is not an insured deposit for the purposes of the Deposit Insurance and Policy Owners Protection Schemes Act 2011.  You may wish to seek advice from a licensed or an exempt financial adviser before making a commitment to purchase this product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you.<\/p>\n\n\n\n

            Where this material relates to dual currency investments, this clause applies:\u00a0<\/h5>\n\n\n\n

            The product is a dual currency investment. A dual currency investment product (\u201cDCI\u201d) is a derivative product or structured product with derivatives embedded in it. A DCI involves a currency option which confers on the deposit-taking institution the right to repay the principal sum at maturity in either the base or alternate currency. Part or all of the interest earned on this investment represents the premium on this option.<\/p>\n\n\n\n

            By purchasing this DCI, you are giving the issuer of this product the right to repay you at a future date in an alternate currency that is different from the currency in which your initial investment was made, regardless of whether you wish to be repaid in this currency at that time. DCIs are subject to foreign exchange fluctuations which may affect the return of your investment. Exchange controls may also be applicable to the currencies your investment is linked to. You may incur a loss on your principal sum in comparison with the base amount initially invested. You may wish to seek advice from a financial adviser before making a commitment to purchase this product. In the event that you choose not to seek advice from a financial adviser, you should carefully consider whether this product is suitable for you.<\/p>\n<\/div><\/div>\n","protected":false},"featured_media":0,"parent":4679,"menu_order":0,"template":"","class_list":["post-23682","legal_compliance","type-legal_compliance","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/legal_compliance\/23682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/legal_compliance"}],"about":[{"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/types\/legal_compliance"}],"version-history":[{"count":5,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/legal_compliance\/23682\/revisions"}],"predecessor-version":[{"id":23705,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/legal_compliance\/23682\/revisions\/23705"}],"up":[{"embeddable":true,"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/legal_compliance\/4679"}],"wp:attachment":[{"href":"https:\/\/www.bordier.com\/es\/wp-json\/wp\/v2\/media?parent=23682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}