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MAS should adopt higher-profile approach to enforcement - being feared is not a bad thing

Perpetrators of the kind of wrongdoing that may have happened at Noble, Hyflux and EHT naturally cultivate willing enablers

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Ben Paul

Ben Paul

Published Mon, May 2, 2022 · 05:50 AM
    • MAS should publish outcome of every investigation and enforcement action related to the listed-companies space
    • MAS should publish outcome of every investigation and enforcement action related to the listed-companies space

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Investors who lost money when Noble Group imploded some years ago might have been heartened to learn this past week that the Monetary Authority of Singapore (MAS) expects investigations into the once-high-flying commodities supplier to reach a conclusion in the third quarter this year.

    This welcome piece of news was included in the latest MAS Enforcement Report, under a new section that provides updates on major ongoing cases.

    Besides Noble, the report provided updates on 2 other cases related to the local stock market. MAS said it is now working closely with the Attorney-General’s Chambers reviewing evidence in the Hyflux case.

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    BT CorrespondentsMonetary Authority of Singapore

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