MAS bans 10 over Lehman-linked notes


SINGAPORE - The Monetary Authority of Singapore (MAS) has banned 10 financial institutions from selling structured notes in the country after they failed to comply with notices in the sale of certain credit-linked instruments between April 2006 and July 2008.

ABN Amro, DBS, Maybank, DMG & Partners Securities and UOB Kay Hian received six-month bans, CIMB-GK Goh Securities, Kim Eng Securities, OCBC Securities and Phillip Securities were banned for one year and Hong Leong Finance for two.

The bans

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a 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