ENFORCEMENT

Enforcement

South Korean Police Probe Embezzlement Case at Toss Bank

By Sanday Chongo Kabange | 24/06/2025

The embezzlement incident at Toss Bank involved KRW 2 billion. The investigation will be complicated as the suspect “recently passed away”.

Enforcement

JPX Exchanges Take Disciplinary Action Against Tachibana Securities

By Thisanka Siripala | 23/06/2025

Tachibana Securities misled elderly investors through improper stock solicitations and excessive fees amid repeated internal oversight failures.

AML / KYC

US Fed Terminates 2015 Action Against China Construction Bank

By Editors | 23/06/2025

The Federal Reserve terminated a 2015 written agreement with China Construction Bank after improvements in AML compliance.

Enforcement

SEBI Bars Former Director of IIFL Securities for Front Running Stocks

By Nithya Subramanian | 22/06/2025

Sanjiv Bhasin and 11 others allegedly engaged in front-running by trading stocks ahead of public recommendations made on television and social media.

Enforcement

ASIC Fines Equity Trustees for Misleading Investment Statements

By Sanday Chongo Kabange | 22/06/2025

ASIC fined Equity Trustees for allegedly making misleading statements about investments made by a green and sustainable bond fund.

Enforcement

SFC Suspends Former CEO of Freeman Commodities for Supervisory Failures

By Sanday Chongo Kabange | 20/06/2025

The SFC said the former RO and MiC failed to ensure his firm maintained appropriate standards of conduct and adhered to proper procedures.

Enforcement

SFC Imposes 3-Year Ban on Former Licensee Over Wash Trades

By Sanday Chongo Kabange | 20/06/2025

The former licensed representative of Cinda International Securities executed a total of 109 matched or wash trades in nine stocks, the SFC said.

Enforcement

US Firm to Pay $3.88m for Breaching Sanctions with Iran and Venezuela

By Thisanka Siripala | 19/06/2025

The former CEO knowingly approved exports to Iran, using offshore affiliates in the Netherlands and China to mask the transactions.

Capital / Liquidity

KRX Preps Unfair Trading Rapid Investigation Unit Launch

By Mark Johnston | 19/06/2025

The new department would rely on an expanded team of market surveillance personnel to more quickly identify and respond to unfair trades.