kaal:claim:3117224-025

If a digital token security falls outside Monetary Authority of Singapore regulation, no duty of fair dealing applies to it.

Source quote, verbatim

If the security falls outside the MAS- regulations, there will be no duty of fair dealing.

From

Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018), IV. Regulatory Responses, p. 14
https://ssrn.com/abstract=3117224 · source PDF

Cite as

Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018). SSRN: https://ssrn.com/abstract=3117224

Holds when

Singapore
tokens outside MAS regulation

Classification

failuresupport: evidencedfailure: fair-dealing-gapfamily: investor-protection-gapinstitutional-design

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 83e9ccb9219a217d9fcfc5c098b897229ee7cf85623bee3ae22d2e986548466b. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/324d8ca57ac9861f...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3117224-025.md | sha256sum