ADVERTISEMENT
Enforcement
Two Taiwan Banks Fined Over Misappropriated Customer Funds
By Editors | 09/06/2022
Mega Bank and Huanan Bank were each fined TWD 4 million fine for internal control failures which allowed cashiers to misappropriate customer funds.
Securities / Derivatives
CBIRC Fines Two Banks, Wealth Management Subsidiaries
By Editors | 09/06/2022
Bank of China, China Everbright Bank, and their two wealth management subsidies were fined a total of almost CNY 15 million.
Enforcement
Australian Man Pleads Guilty to Pump and Dump Scheme
By Editors | 08/06/2022
The man, Gabriel Govinda, will be the first to be convicted in Australia over a social media pump-and-dump scheme.
AML / KYC
DOJ Calls for Stronger International Cooperation on Crypto Crime
By Editors | 08/06/2022
The paper says the US should help foreign nations develop the tools, technical expertise, and infrastructure necessary to conduct complex crypto-related investigations.
Enforcement
China: New Rules for Insurers Target Related Party Transactions
By Darien Choong | 06/06/2022
The CBIRC has also named 43 more shareholders of banks and insurers who it says have violated regulations.
AML / KYC
Former CSRC Official Sentenced to Death With Reprieve
By Editors | 05/06/2022
A former CSRC official and Communist Party city chief was found to have taken $41mn in bribes between 2004 and 2020.
Crypto / Digital Assets
Korea FSS Probes Use of Crypto by Payment Firms
By Manesh Samtani | 04/06/2022
Regulators also plan to launch a ‘Digital Assets Committee’ this month to bring additional safeguards and regulatory structure to Korea’s crypto industry.
Crypto / Digital Assets
CFTC Files Suit Against Winklevoss-founded Crypto Exchange
By Editors | 03/06/2022
The CFTC says Gemini misled the regulator about whether it could prevent manipulation in the prices used as a benchmark for a bitcoin futures contract.
AML / KYC
US to Seek New UN Sanctions if DPRK Tests Nuclear Weapon
By Editors | 03/06/2022
The US tried to impose new UN sanctions on North Korea last week but the resolution was vetoed by China and Russia.
ESG / Sustainability
DWS CEO Quits Over Greenwashing Accusations
By ESG Investor | 02/06/2022
Resignation sparked by German police raids to investigate claims over mis-representation of ESG funds.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.