NEWS: Canada’s AML penalties to surge 40 times higher after TD Bank controversy

Regulatory Watch News

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  Spain: EPPO dismantles organised crime group that evaded €3.3 million in antidumping duties

  European Public Prosecutor's Office

  December 19, 2024

  (Luxembourg, 19 December 2024) – In an investigation led by the European Public Prosecutor’s Office in Madrid (Spain), the Spanish Guardia Civil and the Tax Office, with the support of Europol, have dismantled an organised crime network operating in Spain since 2020. The network, controlled by nine individuals and involving a sophisticated structure of companies, located in different countries, is thought to have evaded over €3.3 million in antidumping duties.

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  Court sets trial date for insider dealing case against Segantii Capital Management and its chief investment officer

  Securities and Futures Commission

  December 19, 2024

  The District Court today fixed the trial of Segantii Capital Management Limited, its director and chief investment officer Mr Simon Sadler, and former trader Mr Daniel La Rocca on 4 May 2026 after they pleaded not guilty to charges of insider dealing. The proceedings were commenced by the Securities and Futures Commission (SFC). The three defendants are charged with the offence of insider dealing in the shares of a listed company prior to entering into a block trade in June 2017 in the shares of the same listed company .

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  NSW man jailed over 174kg meth seizure

  Australia Federal Police

  December 19, 2024

  A Sydney man was this week (17 December, 2024) sentenced to seven years and nine months’ imprisonment with a non-parole period of four years and nine months for his role in the importation of 174.4kg of methamphetamine to Australia via China in 2023. The Surry Hills man, 25, was sentenced by the Downing Centre District Court after pleading guilty in July, 2024 to one count of possessing methamphetamine, one count of supplying MDMA and one count of supplying cocaine.