Enforcement

The Fifth Circuit court ruled that the SEC's use of in-house administrative law judges deprived the petitioners of the right to a jury trial.

The scammers were arrested after more than SGD 60,000 was lost in SMS phishing scams targeting DBS customers.

The case involves over 670,000 contracts entered into by Sunshine Loans that included an amendment or rescheduling fee that is not permitted.

Mega Bank and Huanan Bank were each fined TWD 4 million fine for internal control failures which allowed cashiers to misappropriate customer funds.

Bank of China, China Everbright Bank, and their two wealth management subsidies were fined a total of almost CNY 15 million.

The man, Gabriel Govinda, will be the first to be convicted in Australia over a social media pump-and-dump scheme.

The paper says the US should help foreign nations develop the tools, technical expertise, and infrastructure necessary to conduct complex crypto-related investigations.

The CBIRC has also named 43 more shareholders of banks and insurers who it says have violated regulations.

A former CSRC official and Communist Party city chief was found to have taken $41mn in bribes between 2004 and 2020.

Regulators also plan to launch a 'Digital Assets Committee' this month to bring additional safeguards and regulatory structure to Korea's crypto industry.