ADVERTISEMENT
AML / KYC
John McAfee Indicted for Crypto-related Fraud, Money Laundering
By Sanday Chongo Kabange | 08/03/2021
McAfee and his associate allegedly used their large Twitter following to promote altcoins and ICOs to investors through a so-called pump-and-dump scheme.
Enforcement
SEBI Directs MIIs to Establish Controls to Prevent Market Abuse
By Editors | 08/03/2021
Stock exchanges, clearing corporations and depositories are asked to establish a code of conduct and institutional mechanism to prevent fraud and market abuse.
Enforcement
HK Police Arrest 12 Members of Ramp-And-Dump Syndicate
By Editors | 08/03/2021
The SFC has frozen securities accounts holding an estimated HK$860mn in ramp-and-dump proceeds, while the Police have seized an additional HK$89mn.
Enforcement
Ripple, Top Execs File Responses to SEC Complaint
By Manesh Samtani | 06/03/2021
At meetings with crypto trading platforms as recently as 2019, SEC staff did not indicate it may have considered XRP a security, Ripple says.
AML / KYC
Malaysia Secures Settlement from Deloitte to Resolve 1MDB Claims
By Editors | 05/03/2021
Malaysia’s Finance Ministry is also negotiating a settlement with KPMG, which was replaced by Deloitte as auditor of 1MDB in 2013.
Enforcement
Bursa Punishes RHB Representative for Unauthorised Trading
By Editors | 04/03/2021
The former representative committed the breaches for personal financial gain and attempted to conceal his misconduct from RHB Investment Bank’s management.
Enforcement
Taiwan FSC Penalises Brokers for Lax Security Controls
By Editors | 04/03/2021
Cathay Securities, Concord Securities and SinoPac Securities were fined the most and barred from certain business and capital raising activities for three months.
Enforcement
MAS Bans Four Individuals Following False Trading Convictions
By Editors | 04/03/2021
Three former remisiers and one former insurance agent were banned following convictions connected to false trading in Catalist-listed Koyo International.
Enforcement
ASIC Charges Former Apogee Financial Adviser for Deception
By Editors | 03/03/2021
The ex-financial adviser obtained over A$1.5 million from Nulis Nominees, the trustee for the MLC Super Fund, on behalf of 168 clients.
AML / KYC
UK Court Clears Extradition of Nirav Modi to India
By Ranamita Chakraborty | 02/03/2021
Indian diamond billionaire Nirav Modi has been a key suspect in the $2bn fraud at Punjab National Bank, which was first reported three years ago.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team