Enforcement

Enforcement

ASIC Fines Equity Trustees for Misleading Investment Statements

By Sanday Chongo Kabange | 22/06/2025

ASIC fined Equity Trustees for allegedly making misleading statements about investments made by a green and sustainable bond fund.

Enforcement

SFC Suspends CEO of Freeman Commodities for Supervisory Failures

By Sanday Chongo Kabange | 20/06/2025

The SFC said the former RO and MiC failed to ensure his firm maintained appropriate standards of conduct and adhered to proper procedures.

Enforcement

SFC Imposes 3-Year Ban on Former Licensee Over Wash Trades

By Sanday Chongo Kabange | 20/06/2025

The former licensed representative of Cinda International Securities executed a total of 109 matched or wash trades in nine stocks, the SFC said.

Enforcement

Unicat to Pay $3.88m for Violating Iran and Venezuela Sanctions

By Thisanka Siripala | 19/06/2025

The former CEO knowingly approved exports to Iran, using offshore affiliates in the Netherlands and China to mask the transactions.

Capital / Liquidity

KRX Prepares to Launch New “Rapid Investigation Department”

By Mark Johnston | 19/06/2025

The new department would rely on an expanded team of market surveillance personnel to more quickly identify and respond to unfair trades.

Enforcement

ACCC Fines NAB Over CDR Data Quality Issues

By Sanday Chongo Kabange | 19/06/2025

The ACCC said NAB’s payment of the penalties is the highest amount paid for alleged contraventions of the CDR rules to date.

Crypto / Digital Assets

Korea FSS Considers Inspections of Korbit Over Trading Suspension

By Thisanka Siripala | 19/06/2025

The FSS is said to be investigating the cause of a 12-hour trading and services suspension at crypto exchange Korbit.

Enforcement

Pakistan Court Issues First-Ever Insider Trading Conviction

By Nithya Subramanian | 19/06/2025

A former banker misused material non-public information about his employer’s investment and disinvestment decisions for personal gain.

Enforcement

ASIC Targets Misconduct in Consumer Credit and Car Finance Sectors

By Thisanka Siripala | 18/06/2025

Commissioner Alan Kirkland said ASIC is prioritising consumer credit protection, focusing on predatory lending, hardship assistance, and debt management