Enforcement Actions

View the list of formal regulatory and enforcement actions taken by MAS for breaches of laws and regulations administered by MAS and related matters.

The information will remain on this page for five years from the date of publication, except for prohibition orders which are still in force after five years. Such prohibition orders will remain on this page until they stop being in force. With effect from 1 April 2021, prohibition orders of duration of less than five years will be published only on this page and not on the News page, unless publication on the News page is assessed to be appropriate for reasons of public interest. A financial institution or its agent may, as part of background checks, obtain from MAS records (if any) of prohibition orders previously issued against a person, upon payment of a fee.

01 June 2023 Mr Chan Jun Yi, Ms Chanel Quah Hui Wen, Mr Lim Zhan Yi, Ms Sherlin Chia Hee Ping, Mr Tang Hong Kong Jackie and Ms Yvonne Quah Prohibition Order MAS issues Prohibition Orders against six individuals for fraudulent and dishonest conduct
30 May 2023 Madison Lin Prohibition Order MAS issues Prohibition Orders against Ms Madison Lin following conviction for forgery
23 May 2023 Yeo Siew Liang James Prohibition Order MAS issues Prohibition Order against Yeo Siew Liang James for Corruption
05 May 2023 Lum Ooi Lin, Lee Joo Hai Criminal Prosecution Former CEO of Hyflux Ltd charged with additional offences under the Companies Act and another independent director of Hyflux Ltd charged with an offence under the Securities and Futures Act
25 April 2023 Pan Qi Criminal Prosecution Court Convicts Trader for Fraud and Deceit under the Securities and Futures Act
18 April 2023 Tang Boon Hai Criminal Prosecution Man Sentenced for False Trading, Unauthorised Trading and Dishonestly Receiving Stolen Property
14 April 2023 Tay Yew Khem, Hui Choy Leng Criminal Prosecution Court convicts two individuals for insider trading and other offences
22 March 2023 Lee Ming Xia Jasmine Prohibition Order MAS issues Prohibition Order against Ms Lee Ming Xia Jasmine
28 December 2022 Soh Chee Wen (John Soh), Quah Su-Ling Criminal Prosecution Masterminds Behind Singapore's Largest Stock Market Manipulation Jailed
19 December 2022 Mr Goh Jia Poh, Kenneth Criminal Prosecution Court convicts Kenneth Goh Jia Poh for multiple offences under the Securities and Futures Act
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