Singapore Precious Metals Exchange, director charged over US$81m in unlicensed payment services

Name: Singapore Precious Metals Exchange, director charged over US$81m in unlicensed payment services
Uploaded: 2026-01-22T08:01:36+00:00Z
Duration: PT48.619S
Description: Singapore Precious Metals Exchange and its director Victor Foo have been accused of providing payment services without a licence. If convicted, Foo faces a fine not exceeding S$125,000, jail of up to 3 years, or both.

Thu, January 22, 2026 - 08:01 AM

Singapore Precious Metals Exchange and its director Victor Foo have been accused of providing payment services without a licence. If convicted, Foo faces a fine not exceeding S$125,000, jail of up to 3 years, or both.

RELATED VIDEOS

What happens if Indonesia redenominates the rupiah?

Latest T-bills Treasury Bills Results & Interest News Latest SSB Singapore Savings Bonds News Latest COE Certificate of Entitlement News

Latest Johor-Singapore SEZ News Latest BTO Build To Order & Sales of Balance News Latest STI Straits Times Index News Latest SGX Dividends, Share Price News Latest Bonds Market News Latest Singapore Stocks To Buy News Latest Singapore Economy News