false trading

MAS sentences man to four weeks in jail for false trading in shares of real estate company KOP Limited - THE EDGE SINGAPORE

Regulatory Action

Individual convicted for false trading in shares of real estate company KOP

Tay Ming Hin bought KOP’s shares for the purpose of pushing up share price, causing it to close higher on 79 occasions.

Regulatory Action

MAS imposes civil penalty of $100,000 on individual for false trading of Aspial and Far East Orchard shares

Tan had pledged her Aspial and Far East Orchard shares as collateral for share margin purposes.

Management & Corporate Governance

Second conviction for market misconduct under joint investigations by MAS with CAD

SINGAPORE (Jan 22): Joint investigations conducted by the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force have yielded a second conviction for market misconduct.

Ex-traders in Singapore admit to cheating Deutsche Bank, HSBC

SINGAPORE (Jan 18): Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc admitted to cheating the banks by making false trades.
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