Misconduct

The U.S. Securities and Exchange Commission (SEC) said on Monday that Judge Margaret Ryan has stepped down as director of its Division of Enforcement after little more than six months on the job. 

A former Royal Bank of Scotland manager has admitted taking more than £600,000 in bribes in exchange for favorable treatment of business customers trapped inside the bank’s discredited Global Restructuring Group (GRG).

Hong Kong authorities have arrested eight people in their biggest coordinated market misconduct raids since 2017, as regulators investigate an alleged HK$315 million ($40 million) insider dealing and corruption scheme involving two major brokerages and a hedge fund manager.

The Justice Department released its first department-wide corporate enforcement policy for criminal matters, establishing a uniform framework for how prosecutors handle corporate cases across the department, except antitrust matters. 

China said Monday it plans to enact a new law this year aimed at combating cross-border corruption, marking another stage in Beijing’s long-running anti-graft campaign.

The U.S. Securities and Exchange Commission (SEC) is dropping its civil-fraud case against crypto billionaire and World Liberty Financial investor Justin Sun.

Citigroup faces troubling allegations that an in-house security unit comprised of former law-enforcement officials penalized two compliance staffers who came forward with regulatory concerns and helped defend the institution against a lawsuit by a former employee.

Malaysia’s troubled anti-graft agency is probing a $280-million deal between the Malaysian government and British chip giant Arm Holdings, Agence France-Presse reported. 

Peter Mandelson is facing scrutiny from the EU anti-fraud office after the European Commission asked investigators to examine his conduct during his tenure as the bloc’s trade commissioner.

A group of six Senate Democrats is demanding that the Federal Reserve turn over information about the ongoing overhaul of its bank supervision division following reports of internal tension linked to staff cuts and the alleged sidelining of examiners.