Enforcement

Crypto / Digital Assets

Australia: Block Earner Wins ASIC Case Over Crypto Product Licensing

By Sanday Chongo Kabange | 23/04/2025

The Full Court overturned the Federal Court’s previous decision that Block Earner’s crypto product was a financial product requiring licencing.

Enforcement

Korea FSC Refers Executives of PE Firm MBK Partners for Prosecution

By Thisanka Siripala | 23/04/2025

Regulators allege that MBK Partners issued short-term bonds for an affiliate without disclosing that the company was preparing for corporate rehabilitation.

Enforcement

NZ FMA Secures Insider Trading Conviction Against Ex-Heartland Bank Staffer

By Thisanka Siripala | 23/04/2025

The accountant was convicted of insider trading and sentenced to six months’ home detention after pleading guilty to insider trading offences.

AML / KYC

SFC Imposes Six Month Ban on Former Executive of CSC Futures

By Sanday Chongo Kabange | 23/04/2025

The SFC said the former senior manager failed to discharge his duties as a responsible officer, resulting in AML/CFT failures by CSC Futures.

Crypto / Digital Assets

Taiwan FSC and Police Academy Partner to Prevent Crypto-related Crime

By Nithya Subramanian | 22/04/2025

The cooperation will involve using advanced tech to strengthen oversight of virtual asset activities and prevent fraud and financial crime.

Enforcement

Korea FSS Directs Woori Bank to Remediate Issues at Dubai Branch

By Editors | 22/04/2025

Woori is directed to strengthen liquidity risk management at its Dubai branch and enhance the effectiveness of its business continuity plan.

Enforcement

FSS Korea Penalises Shinhan Asset Trust Execs Over Personal Trades

By Editors | 21/04/2025

13 executives and employees traded stocks in accounts that were hidden from their employer. Current and former employees are also suspected of accepting bribes.

Crypto / Digital Assets

China Mulls Reforms to Facilitate Disposal of Confiscated Crypto Assets

By Mark Johnston | 21/04/2025

“Near consensus” is reportedly emerging on the need to allow judicial recognition of cryptocurrencies as assets and a uniform procedure for their disposal.

AML / KYC

Singapore Police Arrest Man for Selling SIM Cards to Scam Syndicates

By Editors | 21/04/2025

The man paid several students to register SIM cards using their personal information, and then sold those SIM cards to scam syndicates.