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MAS records highest civil penalties for financial crimes in latest enforcement report

Monetary Authority Of Singapore Reports Strong Enforcement Outcomes And Publishes Updates On Major Investigations

<p><span>In its latest&nbsp;</span><span><a class="mas-link" target=" blank" href="https://www.mas.gov.sg/-/media/MAS/News-and-Publications/Monographs-and-Information-Papers/ENF-Report-2020-2021.pdf"><span class="mas-link text"><span>Enforcement Report</span></span>&nbsp;<span class="mas-icon mas-glyphs-external link"></span></a></span><span>&nbsp;published today, the Monetary Authority of Singapore highlighted the strong enforcement actions taken against financial institutions (FIs) and individuals for breaches of laws and regulations administered by MAS. In response to investor and industry feedback, MAS has also introduced a new section in the report providing updates on ongoing high-profile cases such as Hyflux Ltd and Noble Group Ltd, as well as embarked on a study on investor recourse for losses due to market misconduct.</span>&l

Asia s financial hubs to lead regional regtech growth in 2021

Asia s financial hubs to lead regional regtech growth in 2021
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