MAS reprimands 4 financial institutions, 2 people for breaching risk management, remuneration rules | Video

The Monetary Authority of Singapore has reprimanded four financial institutions and two individuals for breaching rules related to risk management practices and sales-related remuneration under the Financial Advisers Act, the regulator said on Tuesday (Jun 15). The four institutions are: AIA Financial Advisers, Prudential Assurance Company Singapore, Aviva and Aviva Financial Advisers. Brandon Tanoto reports.