20
Prohibition orders
Warnings
Based on figures from Enforcement Report 2020/2021.
- Ravi Menon, Managing Director, MAS
MAS Sets Up Dedicated Departments to Combat Money Laundering and Strengthen Enforcement
MAS’ enforcement approach has three aims:
Our Enforcement Monograph (1.29 MB) sets out more information on the approach that MAS takes towards enforcement, the role that enforcement plays in financial industry oversight and MAS’ enforcement powers and strategy.
Our Enforcement Report builds on the monograph. It provides updates on enforcement matters in the financial markets, highlights key outcomes and outlines priorities for the future. The report is published once every 18 months.
View latest Report: Enforcement Report 2020/2021 (2.07 MB)
View past Reports:
View the list of formal regulatory and enforcement actions taken by MAS for breaches of laws and regulations administered by MAS and related matters.
Please refer to Section 7 of our Enforcement Monograph for more information about MAS' approach to making public statements on investigations.
Mr Goh Jia Poh, Kenneth was convicted and sentenced to 19 months’ imprisonment and fined $355,604 for multiple offences relating to false trading, unauthorised use of trading accounts and fraudulently inducing others to deal in shares, under the Securities and Futures Act.
The Monetary Authority of Singapore (MAS) has issued 8-year prohibition orders (POs) against Mr Selvarajulu S/O Subramaniam.
The Monetary Authority of Singapore (MAS) has issued 15-year prohibition orders (POs) against Mr Han Delong.
The former CEO of Hyflux Ltd (Hyflux), Ms Lum Ooi Lin, its former CFO, Mr Cho Wee Peng, and four independent directors of Hyflux at the material time were charged in court for disclosure-related offences under the Securities and Futures Act. Ms Lum was further charged with an offence under the Companies Act for her failure in ensuring Hyflux’s compliance with accounting standards.
Singapore, 08 September 2022… Five former remisiers have been convicted and sentenced to imprisonment terms and fines for false trading in the shares of 55 securities listed on the Mainboard and Catalist of the Singapore Exchange, over 85 occasions between 9 March 2015 and 12 April 2016. 2 On 4 May 2022, Mr Lim Ming...
