Singapore court verdict a warning to CFOs and treasurers

The Singapore court ruling against former WBL Corporation CFO Kevin Chee Fai Lew is an indication that enforcement of financial regulations is tightening in Asia.

The Singapore High Court has found former WBL Corporation chief financial officer Kevin Chee Fai Lew guilty of insider trading under the city's Securities and Futures Act (SFA), the first such ruling under the law and a signal of tighter oversight of the region's corporate finance executives.

¬ Haymarket Media Limited. All rights reserved.

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