ADVERTISEMENT
Enforcement
Singapore Jails Nominee Director for Facilitating Illicit Activities
By Editors | 29/03/2022
The director of corporate service provider 3E Accounting served as local resident director of four companies whose bank accounts were used to receive criminal proceeds.
Enforcement
CSRC Fines Securities Firm Over Client Records Management
By Editors | 29/03/2022
Shenwan Hongyuan Securities failed to appropriately manage its online investment advisory business on Ant Group’s wealth management app.
Enforcement
SEBI Probes Investment Banks Over Possible Insider Trades
By Editors | 27/03/2022
SEBI’s new AI-based surveillance systems have detected possible insider trades by related parties of investment bankers.
Enforcement
Tokyo Prosecutors Indict SMBC Nikko Securities, Five Others
By Editors | 24/03/2022
Prosecutors have filed charges against SMBC Nikko Securities and five others. The head of the firm’s equity division was also arrested.
Enforcement
ASIC Probes Fund Managers for Misleading Marketing
By Sanday Chongo Kabange | 24/03/2022
ASIC is assessing whether fund managers made false or misleading statements or engaged in misleading or deceptive conduct when marketing their funds.
Enforcement
ACCC Launches Court Proceedings Over Crypto Ads on Facebook
By Editors | 23/03/2022
The ads contained links to fake media articles containing quotes attributed to public figures endorsing cryptocurrency or money-making schemes.
Enforcement
HK Police Arrest 38 Individuals for Covid Loan Fraud
By Editors | 23/03/2022
The individuals set up 53 shell companies and submitted false documents to banks to obtain loans under the government support scheme for Covid hit businesses.
Enforcement
SG Police Charge Two for Disclosing Singpass Login Details
By Editors | 23/03/2022
The Singpass login details were used by scam syndicates to open new bank accounts to launder the proceeds of crime.
Enforcement
MAS Bars Former DBS Wealth Planner for Cheating Clients
By Editors | 20/03/2022
The former DBS Bank wealth planning manager fraudulently deceived clients into transferring SGD 490,000 into his personal bank account.
Enforcement
China Identifies Data Fraud Occurring in Carbon Market
By Darien Choong | 20/03/2022
Data verification firms were found to have tampered with emissions reports, published fake testing data, and fabricated coal samples sent for testing.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team