ENFORCEMENT

Enforcement

Bursa Malaysia Issues Reprimand Over 2023 Rights Issue Termination

By Nithya Subramanian | 12/03/2025

Mercury Securities did not conduct proper due diligence to ensure the proposed use of proceeds from the rights issue would not negatively affect investors.

Enforcement

Japanese Regulator Orders Credit Union to Overhaul Governance

By Thisanka Siripala | 11/03/2025

Japanese regulators uncovered a decade-long cover-up of misconduct, including misappropriated customer deposits and falsified loan transactions.

Enforcement

Bangladesh’s Anti-Corruption Body Raids BSEC Over Alleged Irregularities

By Nithya Subramanian | 11/03/2025

The forced retirement of a BSEC executive director triggered employee protests last week, with staff holding top officials hostage and demanding leadership changes.

AML / KYC

China Prosecuted 25,000 Financial Crime Cases in 2024

By Nithya Subramanian | 10/03/2025

Over 3,000 individuals were prosecuted for money laundering using crypto. One prosecution is targeting a criminal group in Myanmar.

AML / KYC

US, EU Authorities Shut Down Russian Crypto Exchange Garantex

By Manesh Samtani | 09/03/2025

The takedown operation came after the EU sanctioned Garantex, prompting Tether to block wallets on the platform holding more than $26mn.

Enforcement

US Charges Chinese Nationals for Involvement in Cyberattacks

By Nithya Subramanian | 09/03/2025

Among the 12 Chinese nationals indicted are two government officers working for the Ministry of Public Security.

Enforcement

China to Prosecute Former Exim Bank Branch Chiefs for Corruption

By Thisanka Siripala | 07/03/2025

The former Exim Bank executives face charges of unauthorised loan issuance, bribery, abuse of power, and financial misconduct.

Enforcement

Taiwan FSC Fines Three Securities Firms and Asset Manager

By Nithya Subramanian | 07/03/2025

Three securites firms were fined TWD 300,000 each. An investment management company was also fined and faces business restrictions.

Enforcement

FSS Korea Refers ‘Finfluencer’ Unfair Trading Case for Prosecution

By Nithya Subramanian | 06/03/2025

The finfluencer pre-purchased shares and sold them at inflated prices after issuing “buy” recommendations on a popular Telegram channel.