false trading

Regulatory Action

MAS imposes civil penalty of $100,000 on individual for false trading of Aspial and Far East Orchard shares

Tan had pledged her Aspial and Far East Orchard shares as collateral for share margin purposes.

Management & Corporate Governance

Second conviction for market misconduct under joint investigations by MAS with CAD

SINGAPORE (Jan 22): Joint investigations conducted by the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force have yielded a second conviction for market misconduct.

Ex-traders in Singapore admit to cheating Deutsche Bank, HSBC

SINGAPORE (Jan 18): Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc admitted to cheating the banks by making false trades.
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