THE approach being taken to investigating the alleged mis-selling of financial products here is entirely independent, Finance Minister Tharman Shanmugaratnam told Parliament yesterday.

The process is not tilted in favour of either investors or financial institutions. It is also superior to going straight to the courts and will lead to a fair outcome for investors, he added.

The process will preserve trust in the system if it properly compensates investors who are deemed to have been mis-sold a product, but not those who knowingly took the risk, he explained.

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