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Advisory Engagement Letter
"Need an Advisory Engagement Letter for our Singapore-based fintech consulting firm to provide strategic advisory services to a major bank, starting March 2025, with specific focus on digital transformation and regulatory compliance."
1. Letter Header: Date, recipient details, and formal letter formatting
2. Introduction: Purpose of engagement and identification of parties
3. Scope of Services: Detailed description of advisory services to be provided
4. Fee Structure: Professional fees, payment terms, and expenses
5. Duration: Term of engagement and renewal provisions
6. Confidentiality: Confidentiality obligations and information handling
7. Professional Standards: Commitment to professional standards and compliance
1. Team Structure: Details of key personnel and roles - used for complex engagements with multiple team members
2. Regulatory Disclosures: Specific regulatory requirements and disclosures - used for regulated industries or licensed activities
3. Conflict Resolution: Process for handling potential conflicts of interest - used when providing services to multiple clients in same industry
4. International Considerations: Cross-border implications and compliance - used for international advisory services
1. Schedule of Fees: Detailed breakdown of fees and charging structure
2. Scope of Work Details: Detailed description of deliverables and timelines
3. Team Profiles: Biographical information of key team members
4. Standard Terms and Conditions: General terms applicable to all engagements
5. Data Protection Schedule: PDPA compliance details and data handling procedures
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