pstrongspanspanspanspanspanspanThese agents were representatives of Prudential and Manulife.
The Monetary Authority of Singapore has issued prohibition orders against two former insurance agents of Prudential Assurance Company Singapore , Eunice Yuen Pui Leng and Grace Tan Zhen Zhi, following their conviction for offences under the Financial Advisers Act .
Effective immediately, these POs prohibit all three individuals from providing any financial advisory service, managing, acting as a director, or becoming a substantial shareholder of any financial advisory firm under the FAA. Prior to the interview, Yuen instructed Tan to fabricate coaching forms, which Yuen then submitted to MAS. Additionally, Yuen deleted messages from her phone that were likely relevant to the investigation.
In May 2022, Yuen and Tan were charged under the FAA, with Yuen facing an additional charge under the Penal Code.
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