The Monetary Authority of Singapore ("MAS") has introduced new requirements effective 1 January 2012 for financial institutions that
act as intermediaries to formally assess a retail customer’s investment knowledge and experience before selling certain investment
products to the customer.
The new requirements will apply to the sale of Specified Investment Products ("SIPs") that include Listed SIPs such as Futures and
Options, and Unlisted SIPs such as Leveraged Foreign Exchange. In view of the new requirements, DBS Vickers Securities ("DBSV")
will conduct a SIP Qualification Exercise to assess whether a customer has the relevant knowledge or experience to understand the
risks and features of the Listed/Unlisted SIPs before the customer trades in such products.
This SIP Qualification Exercise would require all parties including you, your Joint Account Holder (if any), and your Account Mandate
(if any), to complete the Specified Investment Products Declaration Form (for Individual) ("SIP Form").