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Archive for the ‘Law Watch’ Category
Investigators expose global soccer fixing scam based in Singapore

Investigators expose global soccer fixing scam based in Singapore

Reuters- Feb 4, 2013 Hundreds of soccer matches have been fixed in a global betting scam run from Singapore, police said on Monday, in a blow to the image of the world's most popular sport and a multi-billion dollar industry. About 680 suspicious matches including qualifying games for the World Cup and European Championships,... 

NSP’s statement on the Internal Security Act

NSP’s statement on the Internal Security Act

Powers of preventive detention may be given to the Executive but only to pre-empt and disrupt terrorist activities and subject to safeguards preventing misuse of such powers. The Internal Security Act, Cap. 143 (ISA) does not contain the necessary safeguards. It should be abolished and replaced by terrorism-specific legislation. The... 

Bank probes find manipulation in Singapore’s offshore FX market – source

Bank probes find manipulation in Singapore’s offshore FX market – source

Internal reviews by banks in Singapore have found evidence that traders colluded to manipulate rates in the offshore foreign exchange market, according to a source with knowledge of the inquiries. The discovery widens a global lending rate scandal into new markets, as fallout from the Libor case puts banks under added scrutiny... 



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