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prohibition orders (POs)
Banking & finance
Former OCBC rep slapped with five-year prohibition order by MAS for fraud and dishonesty
The PO comes after Zeng’s conviction in the state courts involving fraud and dishonesty.
February 24, 2022
Company in the news
MAS bans three former remisiers and one former financial advisor for false trading in Koyo International
The four persons are among the eight individuals charged for offences related to false trading in the shares of Koyo International
March 03, 2021
Company in the news
MAS bans former insurance agent and former bank employee for fraud and dishonest conduct
The Monetary Authority of Singapore (MAS) has issued prohibition orders (POs) against Aw Yong Seng, a former representative of Prudential Assurance Company Singapore and Chew Swee Sun Johnny, a former representative of the Bank of Singapore.
August 19, 2020
Update
UOB, Credit Suisse fined a total of $1.6 mil for 1MDB-linked transactions; former Falcon & BSI employees issued prohibition orders: Update
SINGAPORE (May 30): The Monetary Authority of Singapore (MAS) is imposing a total of $1.6 million in financial penalties on Credit Suisse and United Overseas Bank (UOB), having completed its two-year review of banks involved in the transactions related to
May 30, 2017