ADVERTISEMENT
Financial Crime
PEPs & Sanctions
UK Set to Launch Office of Trade Sanctions Implementation
By Editors | 16/09/2024
The office will be responsible for the civil enforcement of certain trade sanctions as they relate to UK services and overseas trade with a UK nexus.
Conduct, Culture & Accountability
China Fines PwC $62m, Suspends Firm for Six Months
By Manesh Samtani | 14/09/2024
PwC’s China unit helped Evergrande’s mainland flagship unit, Hengda Real Estate Group, to overstate its revenue by CNY 564 billion from 2018 to 2020.
Anti-Money Laundering
Korea Unveils New Measures to Stamp Out Illegal Loans
By Thisanka Siripala | 14/09/2024
The FSC will take control of the registration process from local governments. Capital requirements and penalties for violations will also increase.
Conduct, Culture & Accountability
SEBI Chair Issues Statement Denying Conflict of Interest Allegations
By Ajoy K Das | 14/09/2024
The statement said consulting assignments of her husband occurred long before Madhabi Puri Buch took office as SEBI chairperson.
Anti-Bribery & Corruption
Hong Kong Signs Anti-Corruption MoUs with Maldives, Indonesia
By Editors | 13/09/2024
Cooperation between the ICAC and the anti-corruption agencies of Maldives and Indonesia will cover information exchange, training and other collaborations.
Fraud, Scams & Cybercrime
Korea Offering Rewards for Self-Reporting of Fraud Crimes
By Editors | 13/09/2024
The National Police Agency said those who self-report fraud crimes will be considered for more lenient sentencing as well as monetary rewards.
Anti-Bribery & Corruption
US Firm Deere & Co Fined $10m in Thailand Bribery Case
By Mark Johnston | 13/09/2024
The company’s subsidiary paid bribes to Thai officials to win government contracts and employees at another company to win sales.
PEPs & Sanctions
US Imposes Sanctions on Venezuelan Officials Over “Electoral Fraud”
By Editors | 13/09/2024
The sanctions target 16 Venezuelan officials aligned with Nicolas Maduro for obstructing fair elections and violating the rights of the Venezuelan people.
PEPs & Sanctions
UK Issues Sanctions on Ten Russian ‘Shadow Fleet’ Vessels
By Editors | 13/09/2024
This is the third time the UK has used its sanctions powers to target individual vessels that undermine sanctions and facilitate Russia’s oil trade.
PEPs & Sanctions
Russian President Threatens to Restrict Exports of Key Commodities
By Editors | 13/09/2024
Russian officials are reportedly exploring export restrictions on uranium, titanium, nickel, natural gas, diamonds and gold.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.