Tag: Banking

Regulatory Watch News

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  Update to the UK Sanctions List: Russia Regime

  OFSI

  March 27, 2025

  Today, 27 March, the UK Government has made 2 administrative amendments to the following entries under the Russia sanctions regime. These entities remain subject to an asset freeze, transport sanctions and trust service sanctions. These amendments are to ensure that the entries accurately reflect the Statement of Reasons for these designations.

  Name	OFSI Group ID	Unique ID
  2Rivers DMCC	16717	RUS2381
  2Rivers PTE LTD	16716	RUS2380

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  Court further adjourns insider dealing hearing against Wong Pak Ming

  Securities and Futures Commission

  March 27, 2025

  The Eastern Magistrates’ Court has further adjourned the insider dealing case against Mr Wong Pak Ming to 25 April 2025 for mention in the criminal proceedings commenced by the Securities and Futures Commission (SFC) (Notes 1 and 2). Wong is charged with the offence of insider dealing involving the shares of Transmit Entertainment Limited (formerly known as Pegasus Entertainment Holdings Limited) (Pegasus). He allegedly counselled or procured another person to deal in the shares of Pegasus around 25 August 2017 to 17 October 2017 while he was the chairman and the controlling shareholder of Pegasus and having information which he knew was inside information in relation to Pegasus.

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  AFP and big banks warn university students of ‘side-hustle’ job scams

  Australia Federal Police

  March 27, 2025

  Criminals are advertising ‘side-hustle’ jobs in a deceptive attempt to scam vulnerable local and international university students into doing their dirty work. The AFP anticipates criminal networks will use the start of the new university year to target students through online job ads offering quick and easy money for tasks that seem legitimate on the surface, but are ultimately illicit.