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MAS penalises former ACE non-exec vice-chairman for insider trading

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Published Tue, Jun 4, 2019 · 09:50 PM

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Singapore

THE Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$336,000 on Singaporean Raphael Tham Wai Mun for insider trading.

Mr Tham, who was the non-executive vice-chairman of ACE, has admitted to contravening the Securities and Futures Act and paid MAS a penalty sum without court action.

Monetary Authority of SingaporeInsider trading

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