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MAS revokes CT Bright Investment's licence

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Vivienne Tay

Vivienne Tay

Published Thu, Dec 12, 2019 · 09:50 PM

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Singapore

CT Bright Investment (CTBI) is no longer allowed to continue its fund management business in Singapore after the Monetary Authority of Singapore (MAS) revoked its capital markets services licence with effect from Dec 9.

This was due to numerous breaches of MAS's rules and licence conditions, the central bank said on Thursday.

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