Mondovisione, 5 May 2009
The Monetary Authority of Singapore (MAS) supports the Securities Investors Association of Singapore's (SIAS) initiative in organising a seminar on the 1 June 2009 deadline for lodging claims against Lehman Brothers Inc (LBI) with the trustee for LBI's liquidation in the United States. The seminar aims to help investors understand the issues involved in the 1 June deadline.
Based on our discussions with SIAS, MAS considers that it is in the public interest for affected investors to have information about the assets of the relevant Lehman Brothers entities in Singapore in order to make an informed decision on any action that they may take in response to the deadline.
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