Three Arrows Founders Hit With 9-Year Trading Ban in Singapore

Singapore’s financial regulator has issued a nine-year prohibition order against the founders of Three Arrows Capital, which prohibits them from operating in the country’s regulated financial services industry.

Su Zhu and Kyle Davies will be prohibited from performing any regulated activity and from taking part in the management of, acting as a director of, or becoming a substantial shareholder, of any capital market services firm, the release says.

MAS says the prohibition order comes after the regulator began investigating Three Arrows Capital after it reprimanded the fund in June 2022 for providing false information to the public and the role Zhu and Davies played in Three Arrows’ Singapore

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