SINGAPORE (Oct 11): The Monetary Authority of Singapore (MAS) has issued prohibition orders against three former insurance agents and a former bank employee for fraudulent and dishonest conduct.

Following their convictions in the State Courts of Singapore for offences involving fraud and dishonesty, MAS has banned the individuals from providing financial advisory services, or taking part in the management of any financial advisory firm under the Financial Advisers Act (FAA).

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply


Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook