Anonymous

14 Mar 2020

∙

How did Endowus manage to secure MAS approval to use CPF funds for investments?

Considering how stringent the gov is when it comes to investing with CPF Funds, how did Endowus secure their trust? What compromises and measures were taken?

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Shengshi Chiam, CFA

13 Mar 2020

Personal Finance Lead at Endowus

Hi Anon,

No compromises were made by CPF, UOB kayhian and us have to make sure we are compliant to all regulatory requirements and audits for us to be allow us to invest CPF monies.

We worked within the framework and got through CPF, MOM, and MAS before we can invest CPF monies. It was a long process. Hope this helps!

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