Enforcement

Enforcement

US SEC Fines 14 More Firms for Record-keeping Violations

By Thisanka Siripala | 14/01/2025

The latest penalties were imposed on units of Robinhood, Blackstone, Apollo, KKR, Charles Schwab, Santander and others.

Enforcement

MAS Imposes Civil Penalty Action in False Trading Case

By Nithya Subramanian | 14/01/2025

Gui Boon Sui was fined S$350,000 and barred from being involved in the management of a company for two years

Enforcement

US Grand Jury Indicts Three Russians Who Operated Crypto Mixers

By Manesh Samtani | 14/01/2025

The defendants operated Blender.io and Sinbad.io, which were used to launder funds stolen from victims of ransomware, virtual currency thefts, and other crimes.

Enforcement

China to Expand Anti-corruption Crackdown to More Sectors

By Manesh Samtani | 14/01/2025

The CCDI will also draft a law to tackle cross-border corruption and strengthen supervision of the spouses and children of officials

AML / KYC

US Gives Estonia $50m for its Help in Danske Bank Case

By Nithya Subramanian | 13/01/2025

Estonia will use the funds to combat financial crime, enhance asset recovery, and provide specialised training across the Baltic States and Nordic region

AML / KYC

Interpol Published First-ever ‘Silver Notice’ at Italy’s Request

By Thisanka Siripala | 13/01/2025

The Silver Notice seeks information from Interpol member countries on the assets belonging to a senior member of the mafia

Enforcement

ICAC Charges Ex-SFC Official for Interfering with Investigation

By Sanday Chongo Kabange | 13/01/2025

The former associate director allegedly advised subjects of a market manipulation investigation to destroy potential evidence

Enforcement

US SEC Fines ATS Operator Liquidnet for Deficient Controls

By Nithya Subramanian | 13/01/2025

Liquidnet violated the market access rule over several years by setting inappropriate credit thresholds, including a default threshold of $1bn

Enforcement

US Court Sentences Aide of Exiled Chinese Businessman Guo Wengui

By Mark Johnston | 09/01/2025

Yvette Wang was sentenced to 10 years in prison for her involvement in a $1bn fraud scheme orchestrated by Chinese businessman Guo Wengui.