Enforcement

    image

    Enforcement

    APRA Seeks Court Order to Disqualify First Super Co-chair

    By Thisanka Siripala | 10/09/2024

    APRA alleges Micheal O’Connor failed to meet the required standards of care and diligence required of a prudent superannuation entity director.

    image

    Enforcement

    Australia’s New Anti-Foreign Bribery Law Comes into Force

    By Sanday Chongo Kabange | 10/09/2024

    Under the new law, companies will be held directly liable for failure to prevent foreign bribery by employees, external contractors, agents and subsidiaries.

    image

    AML / KYC

    France Releases Telegram CEO on €5m Bail and Conditions

    By Manesh Samtani | 10/09/2024

    Telegram modified its content moderation policies, allowing users to flag content in private and group chats that they believe is illegal, among other changes.

    image

    Enforcement

    US SEC Charges 10 Firms for Breaking Whistleblower Protection Rule

    By Nithya Subramanian | 10/09/2024

    A broker-dealer, two investment advisers, and seven public companies used signed agreements to impede the reporting of misconduct to the SEC.

    image

    Enforcement

    Singapore Arrests 14 for Offering Unlicensed Payment Services in Casinos

    By Nithya Subramanian | 09/09/2024

    Police seized over SGD 190,000 in casino chips and cash during a multi-agency enforcement operation at the Marina Bay Sands Casino.

    image

    Enforcement

    HSBC Responsible Officer Disqualified Over MPF Referral Programme

    By Sanday Chongo Kabange | 09/09/2024

    The responsible officer was disqualified for 30 months for his role in recruiting unregistered personnel to refer MPF corporate clients to HSBC.

    image

    Enforcement

    HKMA Suspends Ex-Hang Seng Bank Employee for Dishonest Conduct

    By Sanday Chongo Kabange | 09/09/2024

    The HKMA suspended a former Hang Seng Bank relevant individual for fabricating a client’s signature on a time deposit application form.

    image

    Enforcement

    Singapore Charges 6 for Illegal Cross-Border Money Transfers

    By Nithya Subramanian | 09/09/2024

    The individuals provided unlicensed cross-border money transfer services to China, Myanmar, Bangladesh, Indonesia, and Sri Lanka.

    image

    AML / KYC

    DOJ Charges Russian TV Presenter With Violating US Sanctions

    By Editors | 08/09/2024

    The television presenter and producer for Russia’s state-owned Channel One, along with his wife, were charged for sanctions violations and money laundering.

    image

    Enforcement

    German Court Orders Former Wirecard Execs to Pay Damages

    By Editors | 06/09/2024

    The court found that three executives should be held personally liable for granting €100mn in loans without due diligence or collateral.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.