Guidelines
Published Date: 08 October 2018

These guidelines apply to all financial institutions offering digital advisory services. 

They set out the licensing and other pertinent requirements applicable to digital advisers under the Financial Advisers Act and the Securities and Futures Act. These include:

  • Governance and supervision of algorithms.
  • Technology risk management.
  • Prevention of money laundering and countering the financing of terrorism
  • Disclosure of pertinent information.
  • Suitability of advice.