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World Investor Week in Singapore to dive into cryptocurrencies and ICOs

Mon, 17 Sep 2018, 09:08 am UTC

MoneySENSE, a national financial education programme in Singapore, is organizing the second run of the World Investor Week in Singapore (WIWS) from 4 to 12 October 2018.

World Investor Week (WIW) is a week-long, global campaign promoted by the International Organisation of Securities Commissions’ (IOSCO) that focuses on raising awareness about the importance of investor education and protection and highlights various initiatives of securities regulators in these two critical areas.

The event will feature interactive sessions for investors to actively engage with experts on various topics. This includes investing with confidence; digital financial services – focus on new digital financial services platforms, such as crowdfunding investments, P2P insurance and robo-advisory services; investment scams with focus on Initial Coin Offerings (ICOs) and cryptocurrencies; and leveraged investing.

According to the official release, the session on investment scams will help investors understand what they should “make of Initial Coin Offerings (ICOs), cryptocurrencies, binary options and FX options trading schemes, and how investors should evaluate investments promising very high returns at little or no risk.”

Launched in 2003, MoneySENSE, a programme that aims to enable consumers to become more self-reliant in their financial affairs, is spearheaded by the Public Education Working Committee, which comprises representatives from the Monetary Authority of Singapore (MAS) and a number of government departments, including Prime Minister's Office (PMO).

“Following a well-received first run, MoneySENSE is pleased to bring back WIWS for a second year. This year’s event will bring together even more partners to participate in active discussions with investors over current topics in investing. This is part of our ongoing efforts to strengthen investment education and build investors’ capabilities to better manage their personal financial and investment matters,” Lee Boon Ngiap, Assistant Managing Director (Capital Markets), Monetary Authority of Singapore, said.

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