Enforcement

The FSC found that  Goldman Sachs conducted naked short selling worth about KRW 40 billion in late May. Naked short selling is prohibited in South Korea.

The Tokyo Stock Exchange will examine Nissan's internal controls and consider punitive penalties including possible delisting, amid allegations of financial misconduct by its former chairman.

Macquarie seen as the first responsible corporate role model in the nine months since banking royal commission public hearings began.

Strengthening trust in Australia's financial institutions requires better incentive systems, clearer lines of accountability and stronger penalties for misconduct, said RBA governor Philip Lowe.

The probe has been ongoing since late 2017, where MUFG is alleged to have intentionally ignored internal controls meant to prevent it doing business with sanctioned entities.

The Shanghai and Shenzhen exchanges have implemented rules on the criteria for compulsory delisting of firms accused of major securities, public health or national security related violations.

Australia to provide approximately A$50 million for public prosecutions and federal court to expand staff and capacity to litigate banking and financial institution misconduct cases.

The suspects allegedly solicited investments in what they claimed was a US investment firm, collecting over $72mn in cash and cryptocurrencies from about 6,000 people.

Singapore can do more to prevent sanctions violations by domestic firms playing out on the international stage, says Eric A. Sohn at Dow Jones Risk & Compliance.

The regulator is looking to set up private cloud infrastructure to enhance its analytical capabilities for better surveillance and investigations.