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Indonesia-based banker fined by MAS for insider trading

Published Wed, Oct 14, 2015 · 09:50 PM
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Singapore

THE Monetary Authority of Singapore (MAS) has taken civil penalty action against a Vincent Rajiv Louis for insider trading in the shares of PT Bank Danamon under the Securities and Futures Act (SFA).

Mr Rajiv was a managing director at UBS AG, Indonesian Branch, and was the head of its investment banking operations when the contravention happened.

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