Financial Crime

    image

    Market Abuse

    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.

    image

    PEPs & Sanctions

    UK’s OFSI Warns Art and High Value Dealers of Sanctions Risks

    By Nithya Subramanian | 20/06/2025

    OFSI says it is “highly likely” that many high-value assets held in the UK by sanctioned persons have not yet been reported by art market participants and high-value dealers.

    image

    Credit Risk

    Korean Regulators to Inspect Banks’ Lending Practices

    By Nithya Subramanian | 20/06/2025

    Regulators will conduct inspections at NH NongHyup Bank and SC First Bank, and rethink their push for longer-term mortgage loans.

    image

    PEPs & Sanctions

    New Zealand Expands Sanctions Net to Russia’s ‘Shadow Fleet’

    By Editors | 20/06/2025

    New Zealand broadens Russia sanctions to target ‘shadow fleet’ along with individuals and entities in North Korea, Iran, and Belarus.

    image

    Fraud, Scams & Cybercrime

    Singapore, Malaysia and Hong Kong Arrest 11 Suspects in Joint Scam Crackdown

    By Thisanka Siripala | 19/06/2025

    The authorities in Singapore, Malaysia and Hong Kong have arrested eleven individuals suspected of operating a transnational scam syndicate that […]

    image

    Fraud, Scams & Cybercrime

    Japan: Major Banks Sign Data Sharing Agreement with NPA

    By Thisanka Siripala | 19/06/2025

    The banks will share information with police on transactions and accounts identified as being linked to fraud.

    image

    PEPs & Sanctions

    Unicat to Pay $3.88m for Violating Iran and Venezuela Sanctions

    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.

    image

    Market Abuse

    KRX Prepares to Launch New “Rapid Investigation Department”

    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.

    image

    Market Abuse

    Pakistan Court Issues First-Ever Insider Trading Conviction

    By Nithya Subramanian | 19/06/2025

    A former banker misused material non-public information about his employer’s investment and disinvestment decisions for personal gain.

    image

    Operational Risk

    Banking Sector Reports Fall in Operational Risk for 2024: ORX

    By Editors | 18/06/2025

    ORX report shows banking sector operational risk losses down in 2024, but external fraud and digitalisation trends warrant attention.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.