New guidelines require the use of biometric authentication systems to prevent password sharing among managers and employees.
January 18, 2023Tax authorities raided Bithumb's headquarters in Seoul on Tuesday. Two of its former chairmen have also been the subject of separate probes.
January 12, 2023The FSS produced the guidance by analysing three years of cases where fraud and embezzlement were detected by external auditors.
January 9, 2023The former CFO embezzled money from a SPAC to pay for personal expenses and trade in meme stocks and crypto assets. He also incorporated two other SPACs to conceal his theft.
January 6, 2023The executive is accused of breaching credit rules and issuing loans in exchange for bribes. It is uncommon for executives of overseas banks to be detained in China.
September 20, 2022Najib was convicted in 2020 on 1MDB-related charges. The federal court upheld the conviction, requiring him to serve a 12 year jail sentence.
August 24, 2022The inspection found that the amount embezzled was more than originally reported, and the Woori had insufficient internal controls in place.
August 3, 2022The illegal behavior lasted nearly 10 years, affecting nine customers, five of which were seniors. The total amount involved was about TWD 84.5 million.
August 1, 2022The FSC could use market stabilisation funds and impose short-selling bans to stabilise markets and address excessive volatility.
July 18, 2022Several PBOC and CBIRC officials have been named in corruption investigations. A former ICBC executive has pleaded guilty on bribery charges.
June 30, 2022