MAS secures more financial crime convictions

Monetary Authority of Singapore
The Monetary Authority of Singapore
George Johnson

The number of people convicted for criminal offences as a result of Monetary Authority of Singapore investigations rose in the last 18 months.

The MAS said it took part in investigations that secured criminal convictions of nine individuals for market misconduct or related offences between January 2019 and June 2020. In contrast, between July 2017 and December 2018, MAS investigations led to only one conviction between July 2017 and December 2018.

The central bank collaborated with the

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