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Securities and Futures Act (SFA)
Markets
Man faces two charges under SFA for fraudulently inducing others to deal in shares
If convicted, Goh faces imprisonment for a term which may extend to a maximum of seven years, or a fine of up to $250,000, or both
February 09, 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
Former fund manager Sun charged for acts like to defraud bond fund investors
Sun is accused of selling two bonds at lower than market prices from the fund to another fund
October 22, 2020
Global Economy
Briefs
“We should get used to the fact that China is going to keep growing and become stronger and we have to figure out a way to work with them while protecting our industries and protecting our country militarily.” - Michael Bloomberg
February 28, 2020
MAS, CAD extend joint investigations to all capital markets & financial advisory offences
SINGAPORE (Mar 13): From March 17, the Monetary Authority of Singapore (MAS) and the Singapore Police Force’s (SPF) Commercial Affairs Department (CAD) will extend their Joint Investigations Arrangement to cover all offences under the Securities and Fut
March 13, 2018
Singapore Fintech Festival 2017
MAS releases guide to digital token offerings; announces new payments framework
SINGAPORE (Nov 14): The Monetary Authority of Singapore (MAS) has released a guide to digital token offerings or initial coin offerings, where capital is raised via the use of cryptocurrency such as Bitcoin.
November 14, 2017
Startups, Entrepreneurs, Digital economy
MAS facilitates startups' access to capital by simplifying rules for venture capital funds managers
SINGAPORE (Oct 20): The Monetary Authority of Singapore (MAS) says a simplified regulatory regime for managers of venture capital (VC) funds will come into immediate effect, following public consultation on the proposal earlier this year.
October 20, 2017
In print this week
How Singapore’s wealth professionals could fall victim to the march of the machines
SINGAPORE (July 3): It appears that Monetary Authority of Singapore (MAS) intends to embrace the efficiencies that robo-advisers – defined by MAS as digital platforms that provide advice on investment products using automated, algorithm-based tools –
June 30, 2017