Enforcement Actions

Information on formal regulatory and enforcement actions taken by MAS for breaches of the Securities and Futures Act (Cap. 289), the Financial Advisers Act (Cap. 110) and the Insurance Act (Cap. 142) is published on this page. The information will remain on this page for a period of five years from the date of publication except for prohibition orders which are still in force after the expiry of the five year period. Information on such prohibition orders will remain on this page until they cease to be in force.

Search in Enforcement Actions

Search Clear Search


 
 
25 Mar 2014

MAS Reprimands Mr Terence Teo Wei Wern for Contravention of Section 99B(1) of the Securities and Futures Act (Cap.289) ["SFA"]

Securities and Futures Act, Section 99B(1)

25 Mar 2014

MAS Reprimands Mr Ray Mok Tuck Hwa for Contravention of Section 23B(1)(a) of the Financial Advisers Act (Cap.110) ["FAA"] and Section 99B(1) of the Securities and Futures Act (Cap.289) ["SFA"]

Securities and Futures Act, Section 99B(1) and Financial Advisers Act, Section 23B(1)(a)

25 Mar 2014

MAS Imposes Composition Amounts of $2,500 and $7,500 on Coutts & Co Ltd for Contraventions of Section 23B(3)(a) of the Financial Advisers Act (Cap.110) ["FAA"] and Section 99B(3)(a) of the Securities and Futures Act (Cap.289) ["SFA"] respectively

Securities and Futures Act, Section 99B(3)(a) and Financial Advisers Act, Section 23B(3)(a)

18 Mar 2014

MAS Reprimands Transworld Rubber Pte Ltd for Contravention of Section 102(3) of the Securities and Futures Act (CAP. 289) [“SFA”] and Regulations 39, 37(2), 13, 18 and 22(1) of the Securities and Futures (Licensing and Conduct of Business) Regulations [“SF(LCB)R”]


13 Feb 2014

MAS Reprimands Ong First Tradition Pte Ltd for Contravention of Regulation 18 of the Securities and Futures (Licensing and Conduct of Business) Regulations [“SF(LCB)R”]

Securities and Futures (Licensing and Conduct of Business) Regulations, Regulation 18

13 Jan 2014

MAS Reprimands TMF Trustees Singapore Limited for Contravention of Section 30(1)(b) of the Trust Companies Act (Cap. 336) ["TCA"] and Regulation 19(2)(a) of the Trust Companies Regulations ["TCR"]

Trust Companies Act, Section 30(1)(b) and Trust Companies Regulations, Regulation 19(2)(a)

08 Jan 2014

MAS Reprimands Newedge Financial Singapore Pte Ltd for Contravention of Regulation 18 of the Securities and Futures (Licensing and Conduct of Business) Regulations [“SF(LCB)R”]

Securities and Futures (Licensing and Conduct of Business) Regulations, Regulation 18

20 Dec 2013

MAS Imposes a Composition Amount of $5,000 on Mr Imran bin Eunos for Contravention of Section 7(1) of the Financial Advisers Act [“FAA”]


20 Dec 2013

MAS Imposes a Composition Amount of $15,000 on Elpis Financial Pte Ltd for Contravention of Section 13(1) of the Financial Advisers Act ["FAA"]


06 Dec 2013

MAS Imposes Composition Amount of $5,000 on Melewar Equities (BVI) Ltd for Contravention of Section 137 of the Securities and Futures Act  [“SFA”]


Last Modified on 26/11/2016