MAS revokes licence of Apical Asset Management due to serious breaches of law

Uploaded By:  Frances Gagua Submitted By:  Staff Reporter Case Study:  No The regulator also reprimanded the firm's CEO and director Yeh Yin Yee and Bernard Cheok Yin. The Monetary Authority of Singapore (MAS) revoked the capital markets services (CMS) licence of Apical Asset Management (AAMPL) after finding serious breaches of MAS’ Anti-Money Laundering/ Contering Financing of Terrorism (AML/CFT) requirements, the regulator said in a press release. read more