All posts tagged "prohibition orders"
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1.1KAML / KYCSingapore Tightens Laws on Technology Risk, Crypto Assets
FIs would face penalties over SGD 1 million for breaching TRM requirements. VASPs will have to be licensed to offer services in Singapore.
April 6, 2022 -
486EnforcementMAS Bans Four Individuals Following False Trading Convictions
Three former remisiers and one former insurance agent were banned following convictions connected to false trading in Catalist-listed Koyo International.
March 4, 2021 -
2.0KAML / KYC
MAS Seeks Expanded Powers to Address Financial Sector Risks
MAS proposes to expand its powers to issue prohibition orders, regulate virtual asset service providers, and impose technology risk management requirements on firms.
July 22, 2020 -
813Enforcement
MAS Bans Six Individuals for Fraud and Dishonest Conduct
The first five individuals abused their clients' trust for their personal gain and the last evaded taxes. All six also received prison sentences.
March 20, 2020 -
870EnforcementSFC Orders Brokers to Freeze Client Assets in Market Manipulation Case
The prohibition orders as part an investigation into suspicious trading which appeared to create a false market in China Ding Yi Feng shares leading to an "irrationally high share price".
March 22, 2019
