Insurance News
Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
Insurance Job Advertisements
Friday, 26 September 2008
Independent Parties for Lehman Products Investors
Monetary Authority of Singapore (MAS) has instructed DBS and HSBC to appoint independent parties to oversee and investigate complaints from investors who purchased structured products linked to Lehman Brothers.
The move by MAS is not equivalent to ordering financial institutions to pay compensation. It is meant to assure investors that their complaints will be heard, documented and reviewed fairly and swiftly.
Source: Business Times
Labels: Lehman Structured Products
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
Previous Posts
- NCD Status Available through SMS
- Etiqa Signed Up NUBE
- DBS and HSBC to Update Investors
- Pacific Insurance will still be Sold
- Further Assurance from AIA
- Munich Re Wants to Increase Rates
- How Safe is Your Investment in Structured Products...
- AIA's Takaful Licence is in International Currency...
- Namlifa and MFPC Give their Assurance
- AIA Gets Takaful Licence?
Subscribe to
Posts [Atom]
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home