ADVERTISEMENT
Enforcement
Crypto / Digital Assets
Korea to Vote on Bill Requiring Crypto Disclosures by Politicians
By Karen Ng | 23/05/2023
The amendments, if passed, will require all public officials and candidates to disclose their crypto assets.
Enforcement
ASIC Bans Former Gleneagle Fund Manager for Naked Short Selling
By Ranamita Chakraborty | 23/05/2023
The former fund manager of Gleneagle Securities engaged in the naked short selling of shares on 150 occasions, ASIC said.
Crypto / Digital Assets
NYAG Fines Crypto Wallet Provider for Misleading Investors
By Editors | 21/05/2023
Coin Cafe had advertised free wallet storage for Bitcoin, but then routinely charged and increased its fees “without properly informing investors”.
Enforcement
Court Penalises AMP for Charging Fees to Deceased Customers
By Editors | 21/05/2023
ASIC said AMP charged insurance premiums and advice fees to more than 2,000 customers despite being notified that they were deceased.
Crypto / Digital Assets
US DOJ Charges Another for Role in ‘CoinDeal’ Fraud
By Mark Johnston | 20/05/2023
Bryan Lee allegedly conspired with others to defraud investors in companies that claimed to be developing metaverse-related technologies.
Enforcement
UK Lawmaker Alleges State Cover-up in LIBOR Rigging Scandal
By Mark Johnston | 19/05/2023
Member of Parliament David Davis calls for investigation into perjury and false convictions in LIBOR rigging case.
Enforcement
Deutsche Bank to Settle Jeffrey Epstein Lawsuit for $75m
By Editors | 19/05/2023
The lawsuit brought by an unnamed woman in November claimed Deutsche Bank missed red flags in Epstein’s accounts and chose profit over following the law.
Enforcement
SFC Fines Brokerage for Negligence During Share Placement
By Editors | 19/05/2023
China On Securities used incorrect prices in contract notes and transferred shares to placees without first requiring payment.
Enforcement
Wells Fargo Agrees to Pay $1bn to Settle Class Action
By Editors | 18/05/2023
Shareholders accused Wells Fargo of overstating how well it was complying with 2018 consent orders from financial regulators.
Enforcement
US DOJ to Ramp Up Scrutiny of Crypto Platforms – Report
By Mark Johnston | 18/05/2023
The DOJ will pursue target crypto exchanges, mixers and tumblers that are enabling criminal actors to profit from their crimes.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team