Enforcement

    image

    Crypto / Digital Assets

    Korean City Set to Seize Crypto Assets from Tax Evaders

    By Editors | 23/08/2023

    The Cheongju City government has ordered seven crypto exchanges to submit a report on the crypto holdings of 8,250 people, who each owe over KRW 1 million in tax.

    image

    Enforcement

    SFC Issues Fine for Trade Surveillance, Record-keeping Failures

    By Editors | 22/08/2023

    Alert review records were missing for over 14,000 alerts. Client call records were missing for more than 1,000 orders.

    image

    Enforcement

    China NFRA Fines Three Banks for Loan-related Violations

    By Editors | 22/08/2023

    Several violations involved the improper use of loan proceeds by borrowers such as to fund investments in property and securities.

    image

    Enforcement

    US Court Rules AI-Generated Work Cannot be Copyrighted

    By Manesh Samtani | 22/08/2023

    Human authorship is a bedrock requirement of copyright, a federal judge ruled in a case that dates back to 2019.

    image

    Enforcement

    SGX RegCo Plans Market Consultation on Requisitioned Meetings

    By Ranamita Chakraborty | 22/08/2023

    SGX RegCo is planning a market consultation on changes to the listing rules on requisitioned meetings.

    image

    AML / KYC

    China, Thailand, Myanmar, Laos Launch Joint Police Operation

    By Editors | 22/08/2023

    Police from the four countries have launched a special joint operation to crack down on illegal gambling, fraud, human trafficking and other crimes.

    image

    Enforcement

    SFC Fines Changjiang Corporate Finance for Sponsor Failures

    By Editors | 21/08/2023

    The company is prohibited from acting as a sponsor for listing applications in Hong Kong for one year, potentially longer if deficiencies are not addressed.

    image

    Enforcement

    Hong Kong Court Jails Three Former DBS Bankers

    By Editors | 20/08/2023

    The DBS employees were convicted for divulging confidential information of over 680 customers to others for touting personal loans.

    image

    Crypto / Digital Assets

    Australia Sentences Crypto Lender for Falsely Claiming it Had Credit Licence

    By Sanday Chongo Kabange | 20/08/2023

    Helio Lending entered into a A$15,000 good behaviour recognisance bond for a period of 12 months.

    image

    AML / KYC

    Bangladesh’s Sonali Bank Freezes Accounts of Myanmar State Banks

    By Editors | 18/08/2023

    The move was made in response to direct requests from US authorities, who sanctioned two of Myanmar’s state-owned banks in June.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team