Prohibition Order / Notices of Intention issued by Monetary Authority of Singapore

A Prohibition Order (PO) or a Notices of Intention (NOI) is served by the Monetary Authority of Singapore (MAS) to individuals or financial institutions (FI) to prohibit them from:

1. Performing any regulated activity under the Securities and Futures Act (“SFA”) and/or the Financial Advisers Act (“FAA”); and
2. Taking part, directly or indirectly, in the management of, acting as a director of, or becoming a substantial shareholder of, any capital market services and/or financial advisory firms the SFA and/or FAA.