Singapore Financial Regulator Reprimands AIA, Aviva, Prudential

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Singapore Financial Regulator Reprimands AIA, Aviva, Prudential

Bloomberg2021-06-15

Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay. The Monetary ...

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shawnyprawny
·2021-06-15
geee
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Kayse
·2021-06-15
?
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Yang Sheng
·2021-06-15
hi
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1
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Fatalityzx
·2021-06-15
?
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Bruhman24
·2021-06-15
wow
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NeedMoneyPls
·2021-06-15
Horrible industry. Insurance agents are encourage to be as scheming as possible so that they can get the most money possible for themselves.
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2
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- Weeckee:
  No feeling for people only yo make money for themselves
  2021-06-15
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kk__soh
·2021-06-15
Sg stocks slow siol. Bo simi movement
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- Yang Sheng:
  hi
  2021-06-15
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Mkoh
·2021-06-15
About time regulators pay attention to the insurance industry
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Desmondsim
·2021-06-15
!!!
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noodlesauce
·2021-06-15
like and comment
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2
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- MattyLim:
  they were not good should scold
  2021-06-15
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- Zhaoxiang:
  ok
  2021-06-15
  Reply
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- AxThePro:
  Ok, Please comment back.
  2021-06-15
  Reply
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Francislhs
·2021-06-15
Shocked pikachu face
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1
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Sheeeeep
·2021-06-15
Wow[Surprised]
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1
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- Zhaoxiang:
  yea
  2021-06-15
  Reply
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geneviL
·2021-06-15
Great...[賤笑]
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1
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stocking2021
·2021-06-15
Like
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xcshadow
·2021-06-15
G
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1
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DELFINO
·2021-06-15
Like and comment (:
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4
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- TryingHard:
  Wow
  2021-06-16
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- Zhaoxiang:
  done
  2021-06-15
  Reply
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- JAMKKT:
  Like pls
  2021-06-15
  Reply
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okkar
·2021-06-15
As usual.Like and comment!
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1
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Elasticfam
·2021-06-15
ok
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1
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PoorS
·2021-06-15
Cool
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2
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JamesPang
·2021-06-15
Please like and comment
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- DELFINO:
  Help too
  2021-06-15
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- rlew:
  okay
  2021-06-15
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These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187251483,"gmtCreate":1623756423542,"gmtModify":1703818240595,"author":{"id":"3581743400084799","authorId":"3581743400084799","name":"Yang Sheng","avatar":"https://community-static.tradeup.com/news/1eed89848602be042a67bc4ec16b6029","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":5,"crmLevelSwitch":1,"idStr":"3581743400084799","authorIdStr":"3581743400084799"},"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187251483","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187640475,"gmtCreate":1623753332297,"gmtModify":1704210553757,"author":{"id":"3569821640736523","authorId":"3569821640736523","name":"Fatalityzx","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3569821640736523","authorIdStr":"3569821640736523"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187640475","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187156564,"gmtCreate":1623747609458,"gmtModify":1704210275737,"author":{"id":"3578182178836822","authorId":"3578182178836822","name":"Bruhman24","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3578182178836822","authorIdStr":"3578182178836822"},"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187156564","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187318596,"gmtCreate":1623740429315,"gmtModify":1704210078142,"author":{"id":"3577168442576973","authorId":"3577168442576973","name":"NeedMoneyPls","avatar":"https://static.tigerbbs.com/ae9445a785e57d1d8607eb2ae0dde618","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":1,"idStr":"3577168442576973","authorIdStr":"3577168442576973"},"htmlText":"Horrible industry. Insurance agents are encourage to be as scheming as possible so that they can get the most money possible for themselves.&nbsp;","listText":"Horrible industry. Insurance agents are encourage to be as scheming as possible so that they can get the most money possible for themselves.&nbsp;","text":"Horrible industry. Insurance agents are encourage to be as scheming as possible so that they can get the most money possible for themselves.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187318596","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4770614,"gmtCreate":1623750718766,"gmtModify":1663228849231,"authorId":3582072953259355,"author":{"id":3582072953259355,"idStr":"3582072953259355","authorId":3582072953259355,"name":"Weeckee","avatar":"https://static.itradeup.com/news/fa7604d9be05bbf456327176402c13a9","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187318596,"type":1,"supId":0,"prevId":0,"content":"No feeling for people only yo make money for themselves","text":"No feeling for people only yo make money for themselves","html":"No feeling for people only yo make money for themselves"}],"langContent":"EN"},{"id":187331525,"gmtCreate":1623739557167,"gmtModify":1704210063627,"author":{"id":"3564210269929975","authorId":"3564210269929975","name":"kk__soh","avatar":"https://static.tigerbbs.com/f54f0205e29fd09d7864877ae54901e3","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":7,"crmLevelSwitch":1,"idStr":"3564210269929975","authorIdStr":"3564210269929975"},"htmlText":"Sg stocks slow siol. Bo simi movement&nbsp;","listText":"Sg stocks slow siol. Bo simi movement&nbsp;","text":"Sg stocks slow siol. Bo simi movement","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187331525","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4774321,"gmtCreate":1623756431837,"gmtModify":1663228866644,"authorId":3581743400084799,"author":{"id":3581743400084799,"idStr":"3581743400084799","authorId":3581743400084799,"name":"Yang Sheng","avatar":"https://community-static.tradeup.com/news/1eed89848602be042a67bc4ec16b6029","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187331525,"type":1,"supId":0,"prevId":0,"content":"hi","text":"hi","html":"hi"}],"langContent":"EN"},{"id":187970861,"gmtCreate":1623737365453,"gmtModify":1704210017150,"author":{"id":"3548734971517314","authorId":"3548734971517314","name":"Mkoh","avatar":"https://static.tigerbbs.com/c6226aeb6486c19c00455145eb533f98","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3548734971517314","authorIdStr":"3548734971517314"},"htmlText":"About time regulators pay attention to the insurance industry","listText":"About time regulators pay attention to the insurance industry","text":"About time regulators pay attention to the insurance industry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187970861","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187949481,"gmtCreate":1623736925943,"gmtModify":1704210004912,"author":{"id":"3581894830339885","authorId":"3581894830339885","name":"Desmondsim","avatar":"https://static.tigerbbs.com/9484cf4599b477a3985c44fe04da87b3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581894830339885","authorIdStr":"3581894830339885"},"htmlText":"!!!","listText":"!!!","text":"!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187949481","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187940355,"gmtCreate":1623736881377,"gmtModify":1704210002482,"author":{"id":"3581496243824466","authorId":"3581496243824466","name":"noodlesauce","avatar":"https://static.tigerbbs.com/786aecbfe5fbee60a364a5af7796abb0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581496243824466","authorIdStr":"3581496243824466"},"htmlText":"like and comment","listText":"like and comment","text":"like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/187940355","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4783205,"gmtCreate":1623770611768,"gmtModify":1663228907036,"authorId":3572846973549289,"author":{"id":3572846973549289,"idStr":"3572846973549289","authorId":3572846973549289,"name":"MattyLim","avatar":"https://static.tigerbbs.com/699ebe21f29a58ed10c4a11626e847c8","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187940355,"type":1,"supId":0,"prevId":0,"content":"they were not good should <u>scold</u>","text":"they were not good should <u>scold</u>","html":"they were not good should <u>scold</u>"},{"id":4769113,"gmtCreate":1623748855456,"gmtModify":1663228840174,"authorId":3573361937273706,"author":{"id":3573361937273706,"idStr":"3573361937273706","authorId":3573361937273706,"name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187940355,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"},{"id":4765044,"gmtCreate":1623737091960,"gmtModify":1663228822460,"authorId":3570577365102413,"author":{"id":3570577365102413,"idStr":"3570577365102413","authorId":3570577365102413,"name":"AxThePro","avatar":"https://static.tigerbbs.com/34f34509388e5b73a59321b8fe9c49fc","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187940355,"type":1,"supId":0,"prevId":0,"content":"Ok, Please comment back. ","text":"Ok, Please comment back. ","html":"Ok, Please comment back. "}],"langContent":"EN"},{"id":187924854,"gmtCreate":1623736193378,"gmtModify":1704209986311,"author":{"id":"3575627047392585","authorId":"3575627047392585","name":"Francislhs","avatar":"https://static.tigerbbs.com/527eb0f5b6c80f8e11c31a5cdd808e11","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3575627047392585","authorIdStr":"3575627047392585"},"htmlText":"Shocked pikachu face","listText":"Shocked pikachu face","text":"Shocked pikachu face","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187924854","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187922012,"gmtCreate":1623736028136,"gmtModify":1704209983231,"author":{"id":"3583137009388827","authorId":"3583137009388827","name":"Sheeeeep","avatar":"https://static.tigerbbs.com/27923972e21afd7321c7974dd54a3fa0","vip":1,"hat":"https://static.tigerbbs.com/1c1eed764d9c7ff83dc093fbb9a96bc2","crmLevel":4,"crmLevelSwitch":1,"idStr":"3583137009388827","authorIdStr":"3583137009388827"},"htmlText":"Wow[Surprised]&nbsp;","listText":"Wow[Surprised]&nbsp;","text":"Wow[Surprised]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/187922012","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4769119,"gmtCreate":1623748863304,"gmtModify":1663228840174,"authorId":3573361937273706,"author":{"id":3573361937273706,"idStr":"3573361937273706","authorId":3573361937273706,"name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187922012,"type":1,"supId":0,"prevId":0,"content":"<u>yea</u>","text":"<u>yea</u>","html":"<u>yea</u>"}],"langContent":"EN"},{"id":187926460,"gmtCreate":1623736019050,"gmtModify":1704209983393,"author":{"id":"3571224998869358","authorId":"3571224998869358","name":"geneviL","avatar":"https://static.tigerbbs.com/3fe6dc35659e6302f18e6a7a15cf3ef1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571224998869358","authorIdStr":"3571224998869358"},"htmlText":"Great...[賤笑]&nbsp;","listText":"Great...[賤笑]&nbsp;","text":"Great...[賤笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187926460","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":187926377,"gmtCreate":1623735952099,"gmtModify":1704209982418,"author":{"id":"3568884437454464","authorId":"3568884437454464","name":"stocking2021","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3568884437454464","authorIdStr":"3568884437454464"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187926377","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187928577,"gmtCreate":1623735907699,"gmtModify":1704209981445,"author":{"id":"3569594637458761","authorId":"3569594637458761","name":"xcshadow","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3569594637458761","authorIdStr":"3569594637458761"},"htmlText":"G","listText":"G","text":"G","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187928577","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187965706,"gmtCreate":1623735486505,"gmtModify":1704209972302,"author":{"id":"3574333394490724","authorId":"3574333394490724","name":"DELFINO","avatar":"https://static.tigerbbs.com/44e9ea498f962da1d7752be58a3802df","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574333394490724","authorIdStr":"3574333394490724"},"htmlText":"Like and comment (:&nbsp;","listText":"Like and comment (:&nbsp;","text":"Like and comment (:","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/187965706","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4789219,"gmtCreate":1623784011967,"gmtModify":1663228934126,"authorId":3574986188096854,"author":{"id":3574986188096854,"idStr":"3574986188096854","authorId":3574986188096854,"name":"TryingHard","avatar":"https://static.tigerbbs.com/d2b75f2c5d3596b34ce6f3411a7ce7a6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187965706,"type":1,"supId":0,"prevId":0,"content":"Wow","text":"Wow","html":"Wow"},{"id":4769124,"gmtCreate":1623748871604,"gmtModify":1663228840736,"authorId":3573361937273706,"author":{"id":3573361937273706,"idStr":"3573361937273706","authorId":3573361937273706,"name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187965706,"type":1,"supId":0,"prevId":0,"content":"<u>done</u>","text":"<u>done</u>","html":"<u>done</u>"},{"id":4764833,"gmtCreate":1623736201944,"gmtModify":1663228822948,"authorId":3580120666305176,"author":{"id":3580120666305176,"idStr":"3580120666305176","authorId":3580120666305176,"name":"JAMKKT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.26","exceedPercentage":"60.74%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187965706,"type":1,"supId":0,"prevId":0,"content":"Like pls","text":"Like pls","html":"Like pls"}],"langContent":"EN"},{"id":187962622,"gmtCreate":1623735415866,"gmtModify":1704209974755,"author":{"id":"3580969894464089","authorId":"3580969894464089","name":"okkar","avatar":"https://static.tigerbbs.com/5284953eb6a2c6608eb0336ea3795f46","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3580969894464089","authorIdStr":"3580969894464089"},"htmlText":"As usual.Like and comment!","listText":"As usual.Like and comment!","text":"As usual.Like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187962622","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187969325,"gmtCreate":1623735012267,"gmtModify":1704209963269,"author":{"id":"3574930663525175","authorId":"3574930663525175","name":"Elasticfam","avatar":"https://static.tigerbbs.com/6067e4a7a59d51cf346ba6c9c7a3ff09","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574930663525175","authorIdStr":"3574930663525175"},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187969325","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Financial Regulator Reprimands AIA, Aviva, Prudential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAIGF":"AIA Group, Ltd.","PRU":"保德信金融","K6S.SI":"英国保诚","01299":"友邦保险","AIVAF":"Aviva Plc"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-15/singapore-financial-regulator-reprimands-aia-aviva-prudential","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186361842","content_text":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.\nThe Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.\nMAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.\n“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”\nMAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187987842,"gmtCreate":1623734937386,"gmtModify":1704209961003,"author":{"id":"3568955822512631","authorId":"3568955822512631","name":"PoorS","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3568955822512631","authorIdStr":"3568955822512631"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187987842","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":187984105,"gmtCreate":1623734898507,"gmtModify":1704209959372,"author":{"id":"3571697757751706","authorId":"3571697757751706","name":"JamesPang","avatar":"https://community-static.tradeup.com/news/936d6e2f7f57e8860a9bdfab91b7f40e","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":4,"crmLevelSwitch":0,"idStr":"3571697757751706","authorIdStr":"3571697757751706"},"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/187984105","repostId":1186361842,"repostType":4,"repost":{"id":"1186361842","kind":"news","pubTimestamp":1623734918,"share":"https://ttm.financial/m/news/1186361842?lang=&edition=fundamental","pubTime":"2021-06-15 13:28","market":"sg","language":"en","title":"Singapore Financial Regulator Reprimands AIA, Aviva, Prudential","url":"https://stock-news.laohu8.com/highlight/detail?id=1186361842","media":"Bloomberg","summary":"Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prud","content":"<p>Singapore’s financial regulator reprimanded the local entities of AIA Group Ltd., Aviva Plc and Prudential Plc for breaching requirements related to risk management and supervisors’ pay.</p>\n<p>The Monetary Authority of Singapore found numerous instances where supervisors at these firms were paid in contravention of requirements under the Financial Advisers Act, relating to the sale of investment products and premium life policies, it said in a statement on Tuesday.</p>\n<p>MAS also reprimanded Peter Tan Shou Yi, a consultant engaged by Aviva in Singapore, for accepting remuneration in breach of regulatory requirements, and the insurance firm’s local Chief Executive Officer Chee Boon Chai Lionel, for his failure to discharge the duties of his office.</p>\n<p>“Our requirements on remuneration practices relating to the sale of investment and life insurance products aim to promote good sales conduct in the financial advisory industry,” MAS Deputy Managing Director Ho Hern Shin said in the statement. “We have dealt firmly with these financial institutions and individuals who have breached our regulations, to send a clear message to the industry on the importance of upholding high ethical standards.”</p>\n<p>MAS ordered Aviva Financial Advisers Pte Ltd. to appoint an independent external team to conduct a holistic review of the company’s internal control processes, and to perform call-backs to all customers before any sales are completed. These measures are still in place.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Financial Regulator Reprimands AIA, Aviva, Prudential</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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These measures are still in place.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4764673,"gmtCreate":1623735480556,"gmtModify":1663228822535,"authorId":3574333394490724,"author":{"id":3574333394490724,"idStr":"3574333394490724","authorId":3574333394490724,"name":"DELFINO","avatar":"https://static.tigerbbs.com/44e9ea498f962da1d7752be58a3802df","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187984105,"type":1,"supId":0,"prevId":0,"content":"Help too","text":"Help too","html":"Help too"},{"id":4766075,"gmtCreate":1623742675769,"gmtModify":1635320445068,"authorId":3579069562080854,"author":{"id":3579069562080854,"idStr":"3579069562080854","authorId":3579069562080854,"name":"rlew","avatar":"https://static.tigerbbs.com/0e67e92847edf3f9ac98a20a6913b536","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":187984105,"type":1,"supId":0,"prevId":0,"content":"<u>okay</u>","text":"<u>okay</u>","html":"<u>okay</u>"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":30,"commentSize":21,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}