Singapore Retail Brokers and CDP to Provide E-Statement Service for Clients

[kreslik.news]

Singapore’s Central Depository (CDP) have embarked on an initiative to help provide electronic statements to its clientele, which will be available for retail customers starting as soon as Q4 2016, according to an Singapore Exchange (SGX) report.

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A total of nine retail securities brokers in Singapore and the CDP will collectively work to promote a more sustainable and transparent playing field for retail customers via the provision of electronic statements through the use of CDP Internet service. The initiative is important as it will help push ... (read more)