ADVERTISEMENT
Enforcement
Enforcement
Shinhan Investment Corp Under Probe for “Unusual” Futures Losses
By Editors | 19/10/2024
Shinhan Investment Corp experienced a KRW 13 billion in futures trading losses while it was acting as a liquidity provider for ETFs.
Enforcement
DOJ Secures $950m Settlement to Settle Bribery, Fraud Charges
By Editors | 19/10/2024
RTX Corporation, the defence contractor formerly known as Raytheon, defrauded the US government through its billings and paid bribes to secure contracts in Qatar.
Enforcement
OFAC Fines Beverage Company for Violating DPRK Sanctions
By Editors | 18/10/2024
Vietnam Beverage Company Limited subsidiaries sold beer and spirits to North Korea, with the payments processed through US correspondent banks.
Enforcement
SGX Lifts Moratorium on UOBKH Following Remedial Actions
By Nithya Subramanian | 18/10/2024
UOBKH is now allowed to resume acting as an issue manager or full sponsor for new IPOs and reverse takeovers on SGX.
Crypto / Digital Assets
US SEC Charges Cumberland DRW for Illegal Crypto Operations
By Nithya Subramanian | 18/10/2024
The SEC complaint alleges that Cumberland DRW bought and sold over $2bn in crypto assets without registering as a securities dealer.
Enforcement
SFC Opens Insider Trading Case Involving 2020 PayPal Acquisition
By Sanday Chongo Kabange | 17/10/2024
The SFC is pursuing the chairman of a HK-listed company that held shares in PayPal’s acquisition target.
Enforcement
CFTC Fines Singapore’s Olam Group for Late Reporting of Cotton Sales
By Nithya Subramanian | 30/09/2024
The CFTC said Olam’s failure to promptly report the sales resulted in the publication of inaccurate and misleading information by the USDA.
Sanctions
US Sanctions Iranian Cyber Actors for Election Interference
By Editors | 30/09/2024
OFAC sanctioned seven individuals while the DOJ unsealed criminal charges accusing three others of hacking Donald Trump’s presidential campaign.
Enforcement
US SEC Fines 13 Firms, 10 Individuals for Delaying Stock Disclosures
By Nithya Subramanian | 30/09/2024
Goldman Sachs, Oaktree Capital, Bank of Nova Scotia and Alphabet Inc were among those fined for failing to provide timely information on stock holdings and transactions.
Sanctions
UK OFSI Fines Concierge Services Firm for Sanctions Breaches
By Editors | 30/09/2024
The firm was fined GBP 15,000 for providing property management services to a designated person subject to an asset freeze between 2022 and 2023.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.