Simex Audit Division Came Close To Collaring Leeson, Says Report

The Singapore government report into the Barings collapse also reviews Simex's operational and risk management controls - and the Singapore futures exchange does not come out entirely unscathed.

The report accepts that Simex can't be held responsible for managing its clearing members' affairs. But it says the exchange could have identified signals that suggested irregularities in Baring's proprietary accounts.

In particular, members of Simex's audit and review department (ARD) uncovered a number

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: