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Louis Ng on Financial Services and Markets Bill

03:54 Min

In Parliament on Tuesday (Apr 5), MP Louis Ng asked about checks and balances on the proposed changes to the issuance of prohibition orders (POs) by the Monetary Authority of Singapore (MAS). He wanted to know why it would not be mandatory to make public MAS’ rationale for a PO, as well as the written report of the advisory committee if an appeal is made.

In Parliament on Tuesday (Apr 5), MP Louis Ng asked about checks and balances on the proposed changes to the issuance of prohibition orders (POs) by the Monetary Authority of Singapore (MAS). He wanted to know why it would not be mandatory to make public MAS’ rationale for a PO, as well as the written report of the advisory committee if an appeal is made.

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