Labuan FSA: Business Restrictions (May 21, 2025)
Public Notice by the Labuan Financial Services Authority regarding business restrictions on 33 "Labuan Licensed Entities" for "non-compliance to minimum capital and/or other regulatory requirements".
Prime Trading Services Pty Ltd.: Notice of Intention to Revoke License (Vanuatu)
Public Notice by the Vanuatu Financial Services Commission that it intends to revoke the Financial Dealers License of Prime Trading Services Pty Ltd., d.b.a. PTX Markets.
Neogreen GmbH: Public Warning (Switzerland)
Public Warning by the Swiss Financial Market Supervisory Authority that Neogreen GmbH “is suspected of conducting unauthorised activities in the financial market”.
David King: Prohibition Order (Bermuda)
Public Notice by the Bermuda Monetary Authority that it ha imposed an 'Order of Prohibition' on David Douglas King, a citizen of the USA, after determining he "is not a fit and proper person to perform any functions in relation to regulated activity under the Insurance Act".
GS Capital AG: Public Warning (Switzerland)
Public Warning by the Swiss Financial Market Supervisory Authority that GS Capital AG (in Liquidation) “is suspected of conducting unauthorised activities in the financial market”.
Sagehi Equity Fund Ltd.: Liquidation Notice (Bermuda)
Public Notice by the Bermuda Monetary Authority that Bermuda Supreme Court has granted its petition to wind up Sagehi Equity Fund Ltd.
RTS Partners AG: Public Warning (Switzerland)
Public Warning by the Swiss Financial Market Supervisory Authority that RTS Partners AG “is suspected of conducting unauthorised activities in the financial market”.
Alkundus AG: Public Warning (Switzerland)
Public Warning by the Swiss Financial Market Supervisory Authority that Alkundus AG “is suspected of conducting unauthorised activities in the financial market”.
Seneca House Fund Management: License Cancellation (Cayman Islands)
Public Notice by the Cayman Islands Monetary Authority that it has cancelled the registration of Seneca House Fund Management for regulatory breaches.
Labuan FSA: Enforcement Actions (December 2015 to March 2025)
Public Notice by the Labuan Financial Services Authority regarding enforcement actions against 124 “Labuan Licensed Entities from December 2015 to March 2025".
Labuan FSA: Business Restrictions (March 13, 2025)
Public Notice by the Labuan Financial Services Authority regarding business restrictions on 34 "Labuan Licensed Entities" for "non-compliance to minimum capital and/or other regulatory requirements".
Labuan FSA: Enforcement Actions (December 2015 to March 2025)
Public Notice by the Labuan Financial Services Authority regarding enforcement actions against 123 “Labuan Licensed Entities from December 2015 to March 2025".
Alpha Consulting Ltd. et al: License Revocation (Seychelles)
Public Notice by the Seychelles Financial Services Authority that it has revoked the licenses of Alpha Consulting Ltd. and Alpha Fiduciary Services Ltd.
SEC v. Eamma Safi et al: Complaint (‘Insider Trading’)
Complaint alleging the defendants "willfully participated in an international insider trading scheme that netted them millions in illicit profits from trading in advance of market-moving announcement" in U.S. Securities and Exchange Commission v. Eamma Safi, described as a citizen of Germany residing in the United Arab Emirates, and Zhi Ge, a.k.a. Josh Ge, described as a citizen of Singapore, at the U.S. District Court for the District of Massachusetts.
MTACC Ltd.: License Cancellation (Malta)
Public Notice by the Malta Financial Services Authority that it has cancelled the "financial institution licence" of MTACC Ltd. and directed the company to file a winding up application for regulatory breaches.
Budiman Effendi: Proposed Cancellation of Director Registration (Cayman Islands)
Warning Notice by the Cayman Islands Monetary Authority that it proposes to cancel the director registration of Budiman Effendi.
Bahamas Securities Commission v. LCG Capital Markets Ltd.: Winding Up Order
Winding Up Order in the Securities Commission of the Bahamas v. LCG Capital Markets Ltd. at Bahamas Supreme Court.
Argon Financial Ltd.: £71K Fine (Gibraltar)
Public Notice by the Gibraltar Financial Services Commission that Argon Financial Limited has agreed to pay £71,281 to settle a regulatory investigation.
Alvar Financial Services Ltd.: £186K Fine (Gibraltar)
Public Notice by the Gibraltar Financial Services Commission that Alvar Financial Services Limited has agreed to pay £186,038 to settle a regulatory investigation.
The Timeless Precious Metals Fund SICAV: License Cancellation (Malta)
Public Notice by the Malta Financial Services Authority that it has cancelled the Collective Investment Licence of The Timeless Precious Metals Fund SICAV.
The Timeless Uranium Fund SICAV Plc: License Cancellation (Malta)
Public Notice by the Malta Financial Services Authority that it has cancelled the Collective Investment Licence of The Timeless Uranium Fund SICAV Plc.
Sierra Madre Gold & Silver Venture Capital Fund SICAV Plc: License Cancellation (Malta)
Public Notice by the Malta Financial Services Authority that it has cancelled the Collective Investment Licence of Sierra Madre Gold & Silver Venture Capital Fund SICAV Plc.
Blacktower Financial Management (International) Ltd.: £294K Fine (Guernsey)
Public Statement by the Guernsey Financial Services Commission that it has imposed a fine of £294,350 on Blacktower Financial Management (International) Limited for regulatory breaches.
Trinity Capital SA: Public Warning (Switzerland)
Public Warning by the Swiss Financial Market Supervisory Authority that Trinity Capital SA “is suspected of conducting unauthorised activities in the financial market”.
Rossberg & Partner GmbH: Public Warning (Switzerland)
Public Warning by the Swiss Financial Market Supervisory Authority that Rossberg & Partner GmbH “is suspected of conducting unauthorised activities in the financial market”.
Labuan FSA: Enforcement Actions (December 2015 to February 2025)
Public Notice by the Labuan Financial Services Authority regarding enforcement actions against 120 “Labuan Licensed Entities from December 2015 to February 2025".
Labuan FSA: Business Restrictions (February 4, 2025)
Public Notice by the Labuan Financial Services Authority regarding business restrictions on 30 Labuan Licensed Entities "for non-compliance to minimum capital and/or other regulatory requirements"
Terra Nova Helvetica Genossenschaft: Public Warning (Switzerland)
Public Warning by the Swiss Financial Market Supervisory Authority that Terra Nova Helvetica Genossenschaft “is suspected of conducting unauthorised activities in the financial market”.
Shake AG: Public Warning (Switzerland)
Public Warning by the Swiss Financial Market Supervisory Authority that Shake AG “is suspected of conducting unauthorised activities in the financial market”.
Adamas Capital: License Suspension (Mauritius)
Public Notice by the Mauritius Financial Services Commission that it has suspended the 'Investment Dealer (Broker) Licence' of Adamas Capital.
DeltaEdge Capital (Europe) AG: Public Warning (Switzerland)
Public Warning by the Swiss Financial Market Supervisory Authority that DeltaEdge Capital (Europe) AG “is suspected of conducting unauthorised activities in the financial market”.
SEC v. Paul Bilzerian: Opinion & Contempt Order (‘Saint Kitts and Nevis Litigation’)
Memorandum Opinion and Contempt Order for allegedly violating a Court order "by instigating legal proceedings ... in the Eastern Caribbean Supreme Court" against Kevin Horstwood, described as a resident of Saint Kitts and Nevis, in U.S. Securities and Exchange Commission v. Paul Bilzerian at the U.S. District Court for the District of Columbia.
Blackfridge SC Ltd.: Temporary Suspension of License (Isle of Man)
Public Statement by the Isle of Man Financial Services Authority that the financial services license of Blackfridge SC Limited has been temporarily suspended.
Bermuda Monetary Authority v. Stonebridge Capital Hedge Fund Ltd.: Notice of Winding Up Petition
Public Notice by the Bermuda Monetary Authority that it has filed a winding up petition against Stonebridge Capital Hedge Fund Limited at Bermuda Supreme Court.
Pio Valletta: €105K Fine (Malta)
Public Notice by the Malta Financial Services Authority that it has imposed a fine of €105,000 and other penalties on Dr. Pio Valletta for operating as a corporate services provider without being registered.
FingerTango Inc. et al: Enforcement Action Regarding HK$660M Losses (Hong Kong)
News Release by theHong Kong Securities and Futures Commission regarding "enforcement action against FingerTango Inc. and former directors for misconduct resulting in over $660 million of losses".
FingerTango Inc. et al: Statement of Disciplinary Action (Hong Kong)
Statement of Disciplinary Action in The Stock Exchange of Hong Kong Limited v. FingerTango Inc., Liu Zhanxi, Wang Zaicheng, Wu Junjie, Yao Minru, Liu Jie, Zhu Yanbin, Guo Jingdou, and Liu Jianhua.
SEC v. Elon Musk: Complaint (‘Failure to Disclose Beneficial Ownership’)
Complaint in U.S. Securities and Exchange Commission v. Elon Musk at the U.S. District Court for the District of Columbia.
Hub Investments Ltd.: License Revocation (Mauritius)
Pubic Notice by the Mauritius Financial Services Commission that it has revoked the "Global Business Licence and Investment Dealer (Full-Service Dealer Excluding Underwriting) Licence" of Hub Investments Ltd.
SEC v. Arbitrade Ltd. et al: Confidentiality & Protective Order (‘Bermuda Testimony’)
Confidentiality and Protecting Order Governing Disclosure of Personal, Sensitive, and Other Confidential Information in U.S. Securities and Exchange Commission v. Arbitrade Ltd., of Bermuda; Cryptobontix Inc., of Canada; Troy R.J. Hogg, of Canada; James L. Goldberg, Stephen L. Braverman, and Max W. Barber, as Defendants, and SION Trading FZE, of the United Arab Emirates, as Relief Defendant, at the U.S. District Court for the Southern District of Florida.
Family Office Ltd.: ‘Cease Business’ Directive (Malta)
Public Notice by the Malta Financial Services Authority that it has imposed a directive against Family Office Limited "to cease is licensable trustee and/or fiduciary business".
Family Office Malta Ltd.: ‘Cease Business’ Directive (Malta)
Public Notice by the Malta Financial Services Authority that it has imposed a directive against Family Office Malta Limited "to cease its licensable CSP business".
SEC v. Equity Acquisition Company Ltd. et al: Compliance Enforcement Application (‘$3.4M in Outstanding Regulatory Penalties’)
Application for an Order Enforcing Compliance with Commission Order requiring the respondents to pay $3.9 million in U.S. Securities and Exchange Commission v. Equity Acquisition Company Ltd., described as "a trust organized under the laws of Bermuda", and Carsten Klein, described as a citizen of Germany residing in Parkland, Florida, at the U.S. District Court for the Southern District of Florida.
Meritus Trust Company Ltd.: $600K Fine (Bermuda)
Public Notice by the Bermuda Monetary Authority that it has imposed a fine of $600,000 on Meritus Trust Company Limited for regulatory breaches.
CLTS Technologies (Gibraltar) Ltd.: License Revocation (Gibraltar)
Public Notice by the Gibraltar Financial Services Commission that it has revoked the license of CLTS Technologies (Gibraltar) Limited, which had been registered with the regulator as "a Virtual Asset Arrangement Provider", for "contraventions of the Proceeds of Crime Act 2015".
Laurin Fäh: Cease & Desist Order (Switzerland)
Final Ruling by the Swiss Financial Market Supervisory Authority instructing Laurin Füh to cease conducting unlicensed activity, particularly commercial deposit-taking.
Labuan FSA: Business Restrictions (December 13, 2024)
Public Notice by the Labuan Financial Services Authority regarding business restrictions on 30 Labuan Licensed Entities "for non-compliance to minimum capital and/or other regulatory requirements".
CIMA: Termination of Struck or Dissolved Entities (December 2024)
Public Notice by the Cayman Islands Monetary Authority of the 'Termination of Struck or Dissolved Entities', effective December 13th, 2024.
SEC v. Chibuzo Onyeachonam et al: Complaint (‘$2.9M Fraud’)
Complaint alleging the defendants "impersonated real-life United States securities broker and investment adviser representatives online and by telephone and fraudulently obtained at least $2.9 million from mostly U.S.-based investors" in U.S. Securities and Exchange Commission v. Chibuzo Augustine Onyeachonam, Stanley Chidubem Asiegbu, and Chukwuebuka Martin Nweke-Eze, all described as citizens and residents of Nigeria, at the U.S. District Court for the District of New Jersey.
SEC v. Frederick Dencer et al: Complaint (‘$17M Fraud’)
Complaint alleging "the Standard Holdings Defendants defrauded
at least 40 investors out of millions of dollars, which Defendants Tayt Dencer and his son, Luke Dencer, misappropriated to fund their lavish lifestyle" in U.S. Securities and Exchange Commission v. Frederick Tayton Dencer , Luke Abelard Dencer, Standard Holdings Inc., Standard Huaxia Ltd., of Hong Kong, and Dennis Edward Butler at the U.S. District Court for the Central District of California.
