Hi Mr. Tan,
I think you should bring attention to the investers that under Step 3 outlined by MAS, the financial institution is required to give a reply within 4 weeks:
http://www.mas.gov.sg/consumer/structured_products/fidrec_3_step_process.html has
I have not received a reply after 4 weeks. Why doesn't MAS take action against the FI?
REPLY
I suggest that you should lodge a complaint directly with MAS on this matter.
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