Sir,
Re ARTICLE RELEASED BY FINANCEASIA
Take note that your quote paraphrased from the report by The Daiwa Institute
of Research on 200700 Monetary Authority of Singapore misses mark with e-bank guidelines was incorrect in that it portrayed an image that the reference to Daiwa bank analystÂ… was a report made by The Daiwa Bank Ltds analyst.
Be informed that the above named Institute of Research is not related in any manner or form to The Daiwa Bank, Ltd . As such, a retraction and revision of the statement in an appropriate manner to reflect the actual position is required.
Your co-operation is appreciated.
Yours Faithfully
For and on behalf...
