Observations
Jan 16, 2024The Monetary Authority of Singapore (MAS) may receive broader investigative powers through a new Bill introduced in Parliament earlier this month. The legislation aims to strengthen the regulator's evidence-gathering capabilities and improve coordination between agencies in the financial sector.
Observations
Jun 26, 2023Two former senior finance executives of Wirecard, James Wardhana and Chai Ai Lim, have been sentenced to prison in Singapore, marking the first criminal convictions related to the collapse of the German payments company. Wardhana was sentenced to 21 months in prison, while Lim was sentenced to 10 months.
Compendium
May 15, 2022