The power to take action for governance-related breaches will remain with MAS, the Singapore Exchange Regulation, and the Accounting and Corporate Regulatory Authority.
They were selected based on their track records for multi-factor investing and their assets under management, the spokeswoman tells AAM, adding that the BLF’s investment committee has not carried out due diligence on the managers yet.
Between 25 July 2013 to 25 June 2014, while working as a FX, options and futures trader with Deutsche Bank in Sydney, Mr Donaldson made a total of 85 false entries into Deutsche Bank’s internal records.
The RBI prescribes strict rules on the use of loan proceeds by borrowers, and has on numerous occasions asked banks to monitor this end use closely to ensure funds are not diverted for purposes other than what is specified to obtain the loans.
Smith, who was a senior officer in the bank's treasury business, said UOB changed the minutes of the meeting that originally described how the candidate needed to «fit into UOB
Not unexpectedly, three issues that attracted the greatest concern were offshore accounts, acceptance in good faith by revenue and additional information from third parties.