Preserving the integrity of the financial system is essential for maintaining confidence in Singapore's financial markets.
Decisive enforcement actions are taken for wrongdoings. These serve to deter misconduct in the financial sector and protect consumers. They also spur financial institutions to strengthen their controls and raise industry standards.
The publication of enforcement actions taken against financial institutions and individuals helps to enhance market discipline and helps MAS to achieve its supervisory objectives.
MAS is committed to delivering fair and effective enforcement outcomes to safeguard the integrity of Singapore as a clean and trusted financial centre.