MAS Reprimands Mr Wong Chow Lin @ Benjamin Wong for Contravention of Section 83 of the Securities and Futures Act [“SFA”]

1     On 18 April 2012, MAS reprimanded Mr Wong Chow Lin @ Benjamin Wong (“Mr Wong”) for contravention of section 83(1) (now repealed) of the SFA.

2     Section 83(1) (now repealed) of the SFA states no person shall act as a representative in respect of any regulated activity or hold himself out as doing so, unless he is the holder of a representative’s licence for that regulated activity.

3     Mr Wong has contravened section 83(1) (now repealed) of the SFA as he had acted as a representative in respect of fund management without holding a representative’s licence for fund management during the period from 2007 to November 2010.


MAS expects any person carrying on any regulated activity to ensure compliance with the requirements under the law at all times.

 

Last Modified on 26/11/2016