May 29, 2020 BY Steffy Bogdanova
MAS blocks unregulated overseas online trading platform Arotrade
The police and MAS have determined that Arotrade is in breach of the Securities and Futures Act (SFA) and IMDA assessed that the information on its constitutes prohibited content under the Internet Code of Practice (ICOP). ). IMDA has directed Internet Access Service Providers (IASPs) to block access to Arotrade’s website from Singapore residents. The…
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