Samlit Moneychanger Pte. Ltd., its Director and Compliance Manager to be Charged for Offences Under the Financial Services and Markets Act 2022
Summary
Singapore 9 July 2026… Samlit Moneychanger Pte. Ltd. (“Samlit”) will be charged in court on Thursday, 9 July 2026 with 19 counts of failure to comply with a direction on complaints handling under Section 52(3) of the Monetary Authority of Singapore Act 1970 (“MAS Act”) and Section 61(3) of the Financial Services and Markets Act 2022 ("FSMA"). A 45-year-old woman and a 36-year-old man, who are Samlit’s Director and Compliance Manager respectively, will also be charged in court on 9 July 2026 with