ENFORCEMENT

AML / KYC

Crypto Exchange Coinbase Fined in the Netherlands

By Editors | 26/01/2023

The DNB said Coinbase was offering services to Dutch users before it was formally registered as required by local laws.

Crypto / Digital Assets

US SEC Charges Man for Crypto Token Manipulation Scheme

By Editors | 26/01/2023

The SEC said Avraham Eisenberg orchestrated an attack on Mango Markets. He also faces criminal and civil charges brought by the DOJ and CFTC.

Enforcement

Australia: Tax Practitioners Board Bans Ex-PwC Partner for Two Years

By Editors | 26/01/2023

Former PwC tax partner Peter-John Collins leaked information about confidential tax reforms being proposed at the time.

Enforcement

Taiwan Fines Foxconn Over Unapproved China Investment

By Editors | 26/01/2023

A Foxconn subsidiary acquired a stake in China’s Tsinghua Unigroup in July last year, without seeking regulatory approval.

Enforcement

APRA Imposes Licence Conditions on Super Fund Trustee

By Editors | 25/01/2023

In APRA’s 2022 ‘MySuper Heatmap’, only one other super fund trustee charged more in administration fees than Diversa Trustees’ product.

Enforcement

Korean Regulator Promises to Punish Convertible Bond Abuse

By Editors | 25/01/2023

The FSS says unfair trade practices and market manipulation are occurring in private placements of convertible bonds.

Enforcement

US SEC Fines Bloomberg Over “Misleading” BVAL Disclosures

By Editors | 25/01/2023

SEC commissioners Hester Peirce and Mark Uyeda issued a joint statement saying they do not support the action against Bloomberg.

Crypto / Digital Assets

Action Against Crypto Firm Bitzlato Yields Seizures, More Arrests

By Editors | 25/01/2023

Authorities seized EUR 18 million in crypto wallets and froze EUR 50 million in accounts at other crypto exchanges, Europol says.

Crypto / Digital Assets

FTX Explores Possible Revival of Global Crypto Business

By Sanday Chongo Kabange | 25/01/2023

FTX’s replacement CEO believes reviving the business could recover more value for customers than a liquidation of assets or sale of the platform.