MAS Bans Three Individuals for Obstructing Course of Justice, Falsification of Records and Providing False Information to MAS mas.gov.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mas.gov.sg Daily Mail and Mail on Sunday newspapers.
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The Monetary Authority of Singapore (MAS) has issued four-year prohibition orders against Mr Lau Man Chun, a former representative of an insurance broker, for dishonest conduct relating to the sale of personal accident policies.
Mr Lau was a representative of Financial Alliance Pte Ltd (FAPL) from November 2014 to March 2018. FAPL is an insurance broker which distributes PA policies offered by Liberty Insurance Pte Ltd, on an exclusive basis.
Mr Lau joined Manulife Financial Advisers Pte Ltd (Manulife) in April 2018 and left in July 2019. While at Manulife, Lau was authorised only to advise on and sell life policies.