Enforcement

Credit Suisse was added to the FCA's watchlist due to concerns that it was not doing enough to improve its culture, governance and risk controls.

The probe is linked to another investigation involving an official who worked for the CSRC department that oversaw listings on the ChiNext board.

The CSRC has issued warning letters to six securities companies, ordering them to correct violations involving their overseas subsidaries.

Increased regulatory scrutiny of CFDs highlights the need for a renewed focus on financial literacy and investor education, says Emma Parry.

CEO Jang Ha-won faces charges of fraud and violation of the Capitals Market Act for selling funds which caused $194mn in losses to investors.

The former CFO of Broadway Industrial Group communicated information to two friends about the sale of two of the company's businesses 2016.

Crypto exchanges are also being asked to draft guidelines on the listing and delisting of digital tokens, so as to protect investors from another Terra-like collapse.

The amendments relate to SFO provisions on remedial orders, insider dealing, and advertising of investment products.

Japan's organised crime law currently only allows seizures of real property, movable assets and monetary claims, but not crypto assets.

ASIC can issue a warning or reprimand to a financial adviser in circumstances where it does not plan to take stronger enforcement action.