Enforcement

Korea Customs Service alleges KRW637.5 bn of foreign exchange crimes, including the use of cryptocurrency to conduct forex transactions, foreign remittances, illegal smuggling.

FSA orders Coincheck to improve security, implement preventative measures; will additionally inspect security mechanisms at other cryptocurrency exchanges.

CBRC investigation revealed RMB 7.9 billion in illegal bank bills trading; life-time ban for Postal Savings Bank branch head.

Securities regulator says bank was involved in unconscionable conduct in dealing with the benchmark rate during 2012.

HSBC’s US securities operations agree to pay $1.8bn after CFTC allegations it was involved in ‘numerous acts of spoofing’.

Temporary rules require more detailed filings on investment plans; enforcement to focus on deals worth $300mn or more or to sensitive countries, regions and industries.

CSRC representative says recent days have seen ‘unusual trading’ in some market segments and individual stocks.

The report says 68 percent of clients are heavily invested in banks' in-house products; advisors may face bans if conflicts of interest are not managed better.

Branch of Shanghai Pudong Development Bank admits fault for issuing more than more than $12bn to over 1,400 shell companies.

Mok Piak Liang convicted of manipulating share price to push up value of stock pledged to margin account and avoid having to top-up account by other means.