For the six months ended 30 June 2025
| (1) Enforcement Cases and Investigations |
|
Six months ended
30/6/2025 |
Six months ended
30/6/2024 |
Six months ended
30/6/2023 |
|
MB |
GEM |
Total |
MB |
GEM |
Total |
MB |
GEM |
Total |
| Cases |
75 |
11 |
86 |
65 |
12 |
77 |
75 |
19 |
94 |
| Investigations commenced |
25 |
3 |
28 |
14 |
2 |
16 |
11 |
3 |
14 |
| Investigations completed |
10 |
4 |
14 |
23 |
3 |
26 |
15 |
2 |
17 |
| |
| In carrying out the Exchange’s regulatory functions, during the six months ended 30 June 2025, the Listing Division has made 47 referrals to other law enforcement agencies and regulators. |
| |
| Notes: |
| (1) |
The Cases figures represent cases handled by Enforcement during the reporting period, including those carried over to the relevant period and those not concluded at the end of the relevant period. |
| (2) |
An investigation is completed when the regulatory action to be taken is decided.
|
| |
|
|
| (2) Enforcement Actions and Sanctions |
|
| |
|
|
Six months ended
30/6/2025 |
Six months ended
30/6/2024 |
Six months ended
30/6/2023 |
| Disciplinary actions commenced |
8 |
13 |
16 |
| Disciplinary actions concluded |
17 |
9 |
20 |
| Sanctions/Directions |
|
|
Issuers |
Individuals |
Issuers |
Individuals |
Issuers |
Individuals |
Unsuitability statements
|
-- |
26 |
-- |
5 |
-- |
17 |
| Prejudice statements |
-- |
7 |
-- |
7 |
-- |
14 |
| Public censures |
5 |
18 |
2 |
13 |
11 |
25 |
| Public statements involving criticism |
2 |
6 |
3 |
1 |
-- |
14 |
| Private reprimands |
-- |
-- |
-- |
4 |
1 |
6 |
| Internal control review |
2 |
-- |
2 |
-- |
2 |
-- |
| Appointment of compliance adviser |
-- |
-- |
-- |
-- |
-- |
-- |
| Director training |
-- |
24 |
-- |
21 |
-- |
44 |
| Regulatory letters issued by Enforcement |
2 |
40 |
6 |
46 |
7 |
70 |
| Notes: |
| (1) |
A disciplinary action is concluded after the hearing/final review and: (i) where a public sanction is imposed, its outcome is published; or (ii) where no public sanction is imposed, the decision letter is issued. |
| (2) |
"Unsuitability statement” is a public statement made under Chapter 2A (GEM: Chapter 3) that a named director is unsuitable to occupy a position as director or within senior management of a named listed issuer or any of its subsidiaries.
|
| (3) |
“Prejudice statement” is a public statement under Chapter 2A (GEM: Chapter 3) that the occupying of the position of director or senior management of a named listed issuer or any of its subsidiaries by a named individual is/may be prejudicial to the interests of investors. |
| (4) |
The figures for “Public censures” exclude those individuals subject to an Unsuitability statement or a Prejudice statement. |