The Business Times
HOCK LOCK SIEW
·
SUBSCRIBERS

Going after stock manipulators is great but just as vital is for MAS, SGX to foster a vibrant market

google-preferred-sourceAdd BT as a preferred source
Ben Paul

Ben Paul

Published Tue, Oct 4, 2022 · 05:50 AM
    • The recent conviction of five former remisiers for false trading was a triumph of sorts for MAS.
    • The recent conviction of five former remisiers for false trading was a triumph of sorts for the Monetary Authority of Singapore.
    • The recent conviction of five former remisiers for false trading was a triumph of sorts for MAS. PHOTO: BT FILE
    • The recent conviction of five former remisiers for false trading was a triumph of sorts for the Monetary Authority of Singapore. PHOTO: REUTERS

    THE Monetary Authority of Singapore (MAS) announced last month that five former remisiers had been convicted of false trading, and slapped with fines as well as jail time.

    It was a triumph of sorts for Singapore’s market regulators, and a display of their effectiveness in going after wrongdoers and having suitably deterrent sentences imposed on them.

    It was also a reminder of the need for broader measures to foster a local market ecosystem that is safe for investors and attractive for securities issuers.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More