Former Head of Margin at RHB Securities fined for insider trading
The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$50,000 on a 56-year-old Tan Tee Beng for insider trading.
MAS
Singaporean authorities to restrict access to financial and telecom services for scam mules
The Singaporean authorities will restrict money mules access to facilities which could be exploited to facilitate scams, such as financial services.
TransferMate receives in-principle approval from MAS to add payment services to MPI license
TransferMate Pte. Ltd. has received in-principle approval from MAS to add account issuance, domestic money transfers and e-money issuance.
Singaporean authorities investigate Tokenize Xchange
The Commercial Affairs Department (CAD) is currently investigating AmazingTech Pte Ltd (ATPL) and its related companies.
Airwallex Capital (Singapore) granted Capital Markets Services licence by MAS
With this licence, Airwallex can now offer regulated investment solutions and custodial services to businesses in Singapore through its Airwallex Yield product.
Singaporean regulator revokes Capital Markets Services licence of Xen Capital Asia
The Monetary Authority of Singapore (MAS) has revoked the Capital Markets Services (CMS) Licence of Xen Capital Asia Pte Ltd.
MAS fines Remsea, Arcade Plaza Traders, J-Dee, Mobile Community Tech, and OxPay
The Monetary Authority of Singapore (MAS) has imposed composition penalties amounting to S$960,000 in total on five Major Payment Institutions.
Websites of OctaFX and XM to be blocked in Singapore
The websites of two unregulated trading platforms, Octa (https://www.octafx.com ) and XM (https://www.xm.com ) will be blocked in Singapore.
Singapore authorities warn of scams involving WeChat, UnionPay and Alipay
The Singapore Police Force and Monetary Authority of Singapore (MAS) would like to remind members of the public to remain vigilant.
Singapore c-bank says Forex and money markets function normally
The Monetary Authority of Singapore (MAS) today issued a statement on current market conditions.
