A Hong Kong court found two former Luxey International directors responsible for fraudulently inflating the price of a corporate acquisition and pocketing the gains.
May 25, 2023The SFC will start accepting licence applications from virtual asset trading platforms starting 1 June.
May 24, 2023Employees, including those at senior levels and in compliance roles, used unapproved messaging tools to engage in business-related communications.
May 12, 2023Deputy chair Sarah Court said credit providers and debt management firms that take advantage of vulnerable consumers are in ASIC's sights.
May 12, 2023The size of the award should incentivise whistleblowers to come forward about potential securities law violations, said the SEC's Gurbir Grewal.
May 8, 2023Chartered accountants, company secretaries, and cost and work accountants will have to maintain records of all financial transactions for clients.
May 6, 2023An oversight body for inspectors general found that Roy Lavik wasted government funds, revealed the identities of whistleblowers, and disparaged employees.
May 5, 2023The regime requires banks to conduct mandatory reference checks to fill specified positions, to address the issue of 'rolling bad apples'.
May 4, 2023The first phase covers general powers over FIs, powers regarding AML/CTF, and dispute resolution schemes.
May 1, 2023Julia Leung said the SFC will issue the new virtual assets rules in May, and that it developing a free carbon emissions calculator tool to help SMEs in climate-related reporting.
April 29, 2023