Crypto / Digital Assets

Nearly a Third of Bybit’s Stolen Crypto is Now ‘Untraceable’

24/04/2025

Only 3.84% of the USD 1.4 billion worth of cryptocurrency stolen from Bybit in February has been frozen.

AML / KYC

JSDA Proposes Rule Changes to Enhance Insider Trading Controls

24/04/2025

The proposed changes would require firms to match customer data against a new database four times a year from May 2026.

Securities / Derivatives

JSDA Finalises Rule Changes to Accommodate Unlisted Securities Services

24/04/2025

JSDA updated 15 sets of self-regulatory rules to address law changes that allow special brokerage services for unlisted securities.

Securities / Derivatives

JSDA Revises OTC Rules to Accommodate Security Tokens

24/04/2025

The rule revisions add trust beneficiary securities to the J-Ships programme and clarify procedures for issuing security tokens.

AML / KYC

US to Investigate Pre-2019 Market Manipulation in Sri Lanka

24/04/2025

US authorities will reportedly pursue prominent Sri Lankan businessmen for an alleged pump-and-dump scheme that defrauded US investors.

Enforcement

ASX Listings Supervision Under Fire, Adding to Regulatory Scrutiny

24/04/2025

ASX approved a share issuance by a building products manufacturer to fund a major acquisition without requiring the company to take a shareholder vote.

Enforcement

Korea FSC Refers Executives of PE Firm MBK Partners for Prosecution

23/04/2025

Regulators allege that MBK Partners issued short-term bonds for an affiliate without disclosing that the company was preparing for corporate rehabilitation.

Japan Calls on FIs to Help Businesses Overcome US Tariffs

23/04/2025

Banks are asked to offer flexible loan repayments and expand the use of safety net loans. The FSA will increase loan monitoring surveys.

Enforcement

NZ FMA Secures Insider Trading Conviction Against Ex-Heartland Bank Staffer

23/04/2025

The accountant was convicted of insider trading and sentenced to six months’ home detention after pleading guilty to insider trading offences.