International Adviser Appears To Condone Unregulated Adviser Tie Up

Post date: 25-Sep-2016 07:22:03

International Adviser reports on the growth of unregulated financial adviser business in Thailand, Singapore and Malaysia without so much as a word of warning or air of concern. In contrast, Thai authorities have recently been pro-actively raising awareness of unlicensed and therefore unregulated financial services operators through investor alert notices and criminal complaint referrals to the Royal Thai Police. The International Adviser article quotes a Hong Kong based service as reporting 'One IFA in Thailand currently has more than 2,500 clients, and up to 300 people joining each month. That is massive growth.'