Former Employee of Sumitomo Mitsui Trust's Banking Unit Accused of Insider Trading Violation

MT Newswires Live2025-03-25

Sumitomo Mitsui Trust Holdings (TYO:8309) said the Securities and Exchange Surveillance Commission has filed a criminal complaint with the Tokyo District Public Prosecutors Office against a former employee of its banking unit for alleged insider trading, according to a Monday filing on the Tokyo Stock Exchange.

The bank dismissed the employee and has been cooperating with the investigation. An independent committee, including external directors and legal counsel, is reviewing the case and evaluating internal controls.

The company has tightened trade monitoring, enhanced insider information controls, and introduced mandatory employee training.

The Financial Services Agency has also ordered the bank to submit reports under the Banking Act.

Price (JPY): $3994.00, Change: $-53, Percent Change: -1.31%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2522708783?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-25 07:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2522708783","market":"hk","top_or_hot":-1,"title":"Former Employee of Sumitomo Mitsui Trust's Banking Unit Accused of Insider Trading Violation","media":"MT Newswires Live","content":"<html><body><p> Sumitomo Mitsui Trust Holdings (TYO:8309) said the Securities and Exchange Surveillance Commission has filed a criminal complaint with the Tokyo District Public Prosecutors Office against a former employee of its banking unit for alleged insider trading, according to a Monday filing on the Tokyo Stock Exchange.</p><p>The bank dismissed the employee and has been cooperating with the investigation. An independent committee, including external directors and legal counsel, is reviewing the case and evaluating internal controls.</p><p>The company has tightened trade monitoring, enhanced insider information controls, and introduced mandatory employee training.</p><p>The Financial Services Agency has also ordered the bank to submit reports under the Banking Act.</p><p>Price (JPY): $3994.00, Change: $-53, Percent Change: -1.31%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Former Employee of Sumitomo Mitsui Trust's Banking Unit Accused of Insider Trading Violation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFormer Employee of Sumitomo Mitsui Trust's Banking Unit Accused of Insider Trading Violation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-25 07:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Sumitomo Mitsui Trust Holdings (TYO:8309) said the Securities and Exchange Surveillance Commission has filed a criminal complaint with the Tokyo District Public Prosecutors Office against a former employee of its banking unit for alleged insider trading, according to a Monday filing on the Tokyo Stock Exchange.</p><p>The bank dismissed the employee and has been cooperating with the investigation. An independent committee, including external directors and legal counsel, is reviewing the case and evaluating internal controls.</p><p>The company has tightened trade monitoring, enhanced insider information controls, and introduced mandatory employee training.</p><p>The Financial Services Agency has also ordered the bank to submit reports under the Banking Act.</p><p>Price (JPY): $3994.00, Change: $-53, Percent Change: -1.31%</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4207","symbol_name":"综合性银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2522708783","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522708783","pubTimestamp":1742860424,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Sumitomo Mitsui Trust Holdings  said the Securities and Exchange Surveillance Commission has filed a criminal complaint with the Tokyo District Public Prosecutors Office against a former employee of its banking unit for alleged insider trading, according to a Monday filing on the Tokyo Stock Exchange.The bank dismissed the employee and has been cooperating with the investigation. An independent committee, including external directors and legal counsel, is reviewing the case and evaluating internal controls.The company has tightened trade monitoring, enhanced insider information controls, and introduced mandatory employee training.The Financial Services Agency has also ordered the bank to submit reports under the Banking Act.Price : $3994.00, Change: $-53, Percent Change: -1.31%","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4207":"综合性银行","SMFG":"三井住友金融"},"translate_title":"三井住友信托银行部门前员工被控内幕交易违规","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMFG":1},"content_text":"Sumitomo Mitsui Trust Holdings (TYO:8309) said the Securities and Exchange Surveillance Commission has filed a criminal complaint with the Tokyo District Public Prosecutors Office against a former employee of its banking unit for alleged insider trading, according to a Monday filing on the Tokyo Stock Exchange.The bank dismissed the employee and has been cooperating with the investigation. An independent committee, including external directors and legal counsel, is reviewing the case and evaluating internal controls.The company has tightened trade monitoring, enhanced insider information controls, and introduced mandatory employee training.The Financial Services Agency has also ordered the bank to submit reports under the Banking Act.Price (JPY): $3994.00, Change: $-53, Percent Change: -1.31%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2522708783","isCrawlerRequest":true}