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regulatory action
Regulatory Action
SGX RegCo reprimands former directors and CEO of Sunrise Shares Holdings
Wong Siu Fai, Zheng Aimin, Tang An and Wang Ziquan and former CEO Liang Yongdong were reprimanded for breaching Catalist rules.
October 18, 2024
Regulatory Action
MAS directs Qoo10 to suspend provision of all payment services under Payment Services Act
The suspension does not prevent Qoo10 from operating its e-commerce platform.
September 23, 2024
Regulatory Action
MAS reprimands RVP One and its CEO for breaches of securities and futures regulations
As RVP’s CEO and director, Panisch was solely responsible for ensuring that RVP complied with MAS’ regulatory requirements.
July 30, 2024
Banking & finance
MAS prohibits DBS from acquiring new business ventures for six months following repeated services disruptions
DBS will also be setting aside a special budget of $80 million to enhance system resiliency.
November 01, 2023
Regulatory Action
SGX RegCo issues notice of compliance to Boustead and Boustead Projects
The company must notify the exchange on its exit offer proposal no later than one month from Sept 26.
September 26, 2023
Regulatory Action
SGXRegCo reprimands current and former directors of 8Telecom for breaching listing rules
Shares in 8Telecom last traded on Sept 6, 2019 at 6.9 cents.
September 15, 2023
Tech
What’s next for China’s tech sector?
China has seen a regulatory "truce" at long last for its tech sector, but will it mean clearer skies for its companies?
October 13, 2022
Regulatory Action
Singapore’s rise sparks boost in defense against financial crime
Singapore has moved to tighten oversight after a series of high profile corporate collapses and alleged frauds in recent years
April 27, 2022
Regulatory Action
MAS imposes additional capital requirement on DBS for 2-day digital services outage in Nov 2021
DBS Bank is required to apply a multiplier of 1.5 times to its risk-weighted assets for operational risk
February 07, 2022
Regulatory Action
Eagle Hospitality Trust to 'cooperate fully' with MAS, CAD investigations; MAS reviewing proposed change of manager
EHT’s board also understands that former directors of the managers have either already been interviewed, or will be interviewed in due course as part of the investigations.
June 08, 2020