The Monetary Authority of Singapore #MAS has published its fourth Enforcement Report on the enforcement actions taken against financial institutions (FIs) and individuals for market abuse, financial services misconduct and money laundering (ML) related offences between January 2022 and June 2023.

The report provides information on:

➡️ MAS’ enforcement principles;

➡️ Key areas of focus;

➡️ Major ongoing cases; and

➡️ International cooperation.

Firms with operations in or with Singapore can read MAS’ report to gain further insights into their regulatory requirements alongside the enforcement powers of the regulator.

https://www.mas.gov.sg/news/media-releases/2023/mas-reports-robust-enforcement-outcomes-and-enhances-disclosure-of-statistics