Singapore regulator seeks power to enter financial adviser premises without notice

clock • 1 min read
Singapore regulator seeks power to enter financial adviser premises without notice

The Monetary Authority of Singapore (MAS) today (2 July) issued a consultation paper proposing to strengthen its investigative powers to enhance its ability to gather evidence. The extra powers, to be made under a Financial Institutions (Miscellaneous Amendments) Bill, will allow MAS "to enter premises without prior notice or a court warrant in connection with investigations under the Securities and Futures Act (SFA) or the Financial Advisers Act (FAA) where MAS assesses that there is a ri...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login