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In the past year, Singapore s security sector has had to adapt to the disruption caused by the pandemic. While the change to a more technology-based and manpower-light operational set-up would have come eventually, Covid-19 has accelerated it. Mr Nelson Tee, president of the Security Systems Association of Singapore, told The Straits Times: The Covid-19 pandemic was a catalyst to quicken the adoption of new technologies. Without Covid-19, there would still be change, but at a slower pace. Where it was previously common to see two or three officers manning a condominium security post, one is now the norm. Booking-in applications and online pre-registrations for condominium visitors offer convenience and less exposure for both visitors and security officers, said Mr Tee. ....
Mortgage Business Urgent freezing orders issued to property developer By Annie Kane 29 December 2020 ASIC has obtained urgent interim orders and started court proceedings against a property developer following concerns it was using investor funds for personal use and providing unlicensed financial advice. The Australian Securities and Investments Commission (ASIC) has commenced civil proceedings in the Federal Court against Perth-based MKS Property Investments/Developments Pty Ltd (MKS Property) and Paradise Property Group Pty Ltd (Paradise Property), as well as four people related to these companies: Monica Kaur, Sadu Singh, Melvin Paul Singh and Stephanie Lee. According to the regulator, it is concerned that Ms Kaur had been providing unlicensed financial advice services ....