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Regulatory News


District Court sets trial dates for three sophisticated ramp-and-dump cases
The District Court trial of three sophisticated ramp-and-dump cases involving the shares of Eggriculture Foods Limited, Fullwealth...
Mar 30, 2025


SFC issues additional guidance on IPO subscription and financing services
The Securities and Futures Commission (SFC) today issued additional guidance in a circular for licensed corporations (LCs) on IPO...
Mar 23, 2025


'Money laundering' of more than 162 billion VND, 3 Taiwanese (Chinese) subjects go to jail
The People's Court of Hai Duong province has just held a first-instance trial of five defendants on charges of illegally storing bank...
Mar 23, 2025


AML Bitcoin Founder Convicted of Fraud and Money Laundering
Rowland AML Bitcoin creator Marcus Andrade was found guilty in a federal court in California of wire fraud and money laundering. He was...
Mar 23, 2025


SFC suspends finfluencer for 16 months
The Securities and Futures Commission (SFC) has suspended Mr Wong Ming Chung, a finfluencer known as Franky Wong and a licensed...
Mar 23, 2025


The first case of conviction instigated by the Insurance Authority against a licensed broker company for failure to submit its audited financial statements
The Eastern Magistrates’ Courts today (19 March 2025) convicted and fined Aurex Insurance Brokers Limited, a licensed broker company,...
Mar 23, 2025


‘47 Ronin’ director arrested on suspicion of bilking Netflix to the tune of $11 million
Carl Erik Rinsch, a director best known for helming the 2013 movie “ 47 Ronin ,” was arrested Tuesday in West Hollywood on suspicion of...
Mar 23, 2025


SFC seeks disqualification and compensation orders against entire former board of 3DG Holdings (International) Limited
The Securities and Futures Commission (SFC) has commenced legal proceedings in the Court of First Instance to seek disqualification and...
Mar 23, 2025


SFC bans Steven Wong Yung for 14 months for fund management failures
The Securities and Futures Commission (SFC) has prohibited Mr Steven Wong Yung, a former responsible officer (RO) and chief executive...
Mar 23, 2025
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