ADVERTISEMENT
Enforcement
Indian Lawmakers Demand Parliamentary Probe into Adani Group
By Mark Johnston | 29/09/2023
The Congress party says SEBI is reluctant to investigate the allegations against the Adani Group, one of the largest conglomerates in India.
Enforcement
Citigroup Fined for Violating Disclosure Obligations Under Reg BI
By Editors | 29/09/2023
Citi defaulted about 360,000 accounts to receive disclosures electronically without receiving proper consent from the customers.
Enforcement
Korea Jails Four Individuals in Coinone Bribery Case
By Editors | 28/09/2023
Two former employees of Coinone were jailed for accepting bribes. Two brokers were also jailed for facilitating the bribes.
Enforcement
Evergrande Chairman Suspected of “Illegal Crimes”
By Editors | 28/09/2023
Evergrande said its chairman Hui Ka Yan was placed under “residential surveillance” due to his suspected involvement in “illegal crimes”.
Enforcement
Prosecutors Charge Ex-PBOC Official for Accepting Bribes
By Editors | 28/09/2023
Prosecutors say Fan abused his positions at China Construction Bank, China Investment Corp, Bank of Shanghai and the PBOC.
Crypto / Digital Assets
ASIC Punishes Fintech Firm for Misrepresenting Crypto Product
By Sanday Chongo Kabange | 28/09/2023
Bobbob and its sole director are prohibited from providing financial services to retail clients for 12 months and paid A$53,000 in penalties.
Enforcement
UPDATED – US DOJ Probes Possible Sanctions Violations at Credit Suisse, UBS – Report
By Editors | 28/09/2023
The DOJ has requested information about how Credit Suisse and UBS handled the accounts of sanctioned clients in recent years.
Enforcement
Australian Court Fines ANZ for Unlawful Credit Card Charges
By Sanday Chongo Kabange | 26/09/2023
ANZ was ordered to pay a A$15mn penalty, on top of A$8.3mn in remediation paid to over 186,000 credit card accounts.
Enforcement
Evergrade Subsidiary Hengda Group Under Investigation
By Editors | 26/09/2023
Due to the investigation, Evergrande is now no longer qualified to issue new notes that were supposed to form part of its restructuring plan.
Enforcement
Senior Nomura Banker Barred from Leaving China – Report
By Editors | 26/09/2023
The travel ban is said to be connected to a long-running investigation into two key executives of China Renaissance.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team