ADVERTISEMENT
Financial Crime
Market Abuse
Japan FSA Fines Nomura Securities for JGB Futures Manipulation
By Editors | 03/11/2024
Several executives also agreed to a two-month pay cut. It was separately reported that a former Nomura Securities employee was arrested on suspicion of robbery and attempted murder.
Cryptocurrency
Taiwan to Implement New VASP Registration System on 30 November
By Editors | 03/11/2024
The FSC is also drafting a new special law for virtual assets, covering areas such as licensing, consumer protection, capital requirements, and trading behaviour.
CBDCs
BIS Announces Decision to Exit mBridge CBDC Project
By Editors | 03/11/2024
Agustín Carstens said BIS is not leaving mBridge because of political considerations but instead because it is “at a level where the partners can carry it on by themselves.”
PEPs & Sanctions
OFAC Issues New Sanctions Compliance Guidance for Maritime Industry
By Editors | 03/11/2024
The guidance describes five scenarios indicative of sanctions evasion and offers recommendations for maritime sector stakeholders.
Anti-Money Laundering
MAS Publishes Findings from Recent AML Inspections at FIs
By Manesh Samtani | 03/11/2024
The new information paper addresses customers with multiple nationalities, source of wealth establishment, and post-STR risk mitigation measures, among other areas.
PEPs & Sanctions
Google’s Russia Fines Have Grown to Over $20 Decillion
By Editors | 02/11/2024
A Russian court imposed a daily penalty that had been doubling weekly against Google for blocking the YouTube accounts of Russian broadcasters.
Fraud, Scams & Cybercrime
Global Operation Dismantles Major Malware Operations: Eurojust
By Nithya Subramanian | 02/11/2024
Authorities shut down servers and seized domains linked to RedLine and META, which stole personal data from millions of victims worldwide.
Supervision & Enforcement
CSRC Penalises CICC Over Sponsor Due Diligence Failures
By Editors | 02/11/2024
CICC was fined for failure to perform due diligence as the IPO sponsor of S2C Limited, which was found to have inflated its financial results.
Market Abuse
Former Dealer Jailed for Manipulating Singapore-listed Stocks
By Editors | 02/11/2024
The former dealer spoof the market 215 times between August 2020 and March 2021, resulting in over SGD 250,000 in illicit gains.
Market Abuse
FSS Probing Mirae Asset Securities in Korea Zinc Case
By Editors | 02/11/2024
Mirae was involved in Korea Zinc’s recent share buyback and is also the underwriter of rights issue that was announced shortly afterwards.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.