A result of April's dividend payout error, Samsung Securities has been barred from accepting new clients for six months and order to suspend its chief executive, who has instead resigned.
Former premium banking relationship manager shared personal client information with external third parties, and "knowingly or recklessly" submitted false supporting documents to help clients obtain home loans.
SEC officials have questioned two of the bank's top executives on whistle blower allegations that loan provisioning was unfairly delayed to inflate profits by $1.3bn over eight years.
During H1 2018, CBIRC fined 798 banks and banned 175 banker as part of its crackdown on risk; meanwhile, CSRC launched 307 investigations and initiated 108 new cases.
SEBI chairman asked fund managers to ensure they are safeguarding investor interests while highlighting lapses involving dividends that were distributed without the consent of board trustees.
SEC alleged that Mizuho failed to prevent traders sharing stock buyback information pertaining to its issuer clients with each other and with hedge fund clients.
HSBC Broking Securities failed to conduct proper due diligence on bonds recommended to clients and to implement effective systems ensure suitability with client needs.
Financial firms that have neglected consumer protection to be named in list published this month, in an effort to hold them more accountable.
Deputy chair Peter Kell said ASIC wants increased volume and granularity of data reporting as it seeks to combat misconduct and improve consumer outcomes in financial services.
The court overturned a ¥130mn fine due to lack of testimony from the person who allegedly provided the key deal information in the case.