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SFC Enforcement: Retail Trader Sentenced for False Trading

The Securities and Futures Commission (SFC) announced that a retail trader has been sentenced in a false trading case. This action highlights the SFC's commitment to maintaining market integrity and deterring manipulative trading practices.

SFC Bans Andy Lau Ka Ho for Life

The Securities and Futures Commission (SFC) has banned Andy Lau Ka Ho from the industry for life following findings of misconduct. This action stems from his involvement in the IPO of a company where he acted as a sponsor.

NSW Fair Trading Suspends Real Estate Licence Pending Misconduct Action

NSW Fair Trading has suspended the real estate licence of Anthony Di Nardo for 60 days pending disciplinary action due to allegations of sexual misconduct. A Show Cause notice was issued, requiring a response by March 23, 2026, regarding why disciplinary action should not be taken.

ACCC to Scrutinise Fuel Pricing Amid Middle East Crisis

The Australian Competition and Consumer Commission (ACCC) will increase scrutiny of fuel pricing and distribution amid the Middle East crisis. The ACCC will hold urgent meetings with fuel market participants and commence weekly market updates to enhance transparency and address consumer concerns about price spikes and regional supply issues.

ASIC Disqualifies Director for Five Years Over 20 Company Failures

The Australian Securities and Investments Commission (ASIC) has disqualified Vincenzo Frank Tesoriero from managing corporations for five years due to his involvement in the failure of 20 companies. The disqualification stems from findings of improper conduct, including facilitating fraudulent transactions and mismanaging company funds.

ASIC bans financial adviser Raluca Terheci for six years

The Australian Securities and Investments Commission (ASIC) has banned financial adviser Raluca Terheci from providing financial services for six years. ASIC found she provided inappropriate advice and made false and misleading statements to clients regarding high-risk investments.

Remedy Housing Officers Sentenced for Dishonesty Offences

Three former Remedy Housing officials, Brent Smith, Mahmoud Khodr, and Fue Mano, have been sentenced for dishonesty offences related to promoting interest-free mortgages. The company received $1.83 million in deposits from 107 customers, with significant misappropriation of funds by the officials.

ACPR Fines CARCO €500,000 for Information and Anti-Dormancy Violations

The French Prudential Supervision and Resolution Authority (ACPR) has fined CARCO, an insurance institution, €500,000 and issued a reprimand. The decision addresses violations related to informing policyholders, combating dormant accounts, and relations with the supervisor.

Sanctions Decision Against Tunisian Foreign Bank

The French Prudential Supervision and Resolution Authority (ACPR) issued a sanctions decision against Tunisian Foreign Bank on October 9, 2024. The decision, number 2023-02, pertains to internal controls and risk management deficiencies.

Banque Chaabi du Maroc Sanction Decision

The French Prudential Supervision and Resolution Authority (ACPR) has issued a sanction decision against Banque Chaabi du Maroc. The decision, dated November 7, 2025, concerns internal controls and measures against money laundering and terrorist financing.