Enforcement

Enforcement

RBI Revamps Integrated Ombudsman Scheme with Centralised Complaint Hub

By Nithya Subramanian | 20/01/2026

The central bank has updated its ombudsman framework and will set up a central complaints processing centre to streamline grievance redressal against banks and NBFCs.

Securities / Derivatives

Korea Fines Six Financial Firms Including GIC for Naked Short Selling

By Manesh Samtani | 20/01/2026

The penalties are the first large-scale enforcement action since short selling resumed, signalling a zero-tolerance stance on illegal trades.

Enforcement

China Pledges ‘Zero Tolerance’ for Illegal Activity to Ensure Market Stability

By Mark Johnston | 19/01/2026

The CSRC vows to rigorously punish speculation and manipulation following work conference, approving margin hike to curb risks.

Enforcement

Korea FSS Launches Probe into Card Firms After Shinhan Data Leak

By Sanday Chongo Kabange | 19/01/2026

The industry-wide inspection follows a leak of nearly 200,000 pieces of personal data by Shinhan Card employees, prompting a review of internal controls.

Enforcement

FSS Korea Launches Special Governance Probe at Major Banking Groups

By Mark Johnston | 19/01/2026

FSS Korea launches probe into eight major banking groups amid concerns over entrenched CEOs, weakened board oversight, and alleged ‘inner circle’ influence.

Enforcement

Japan FSA to Probe Prudential Life as CEO Quits Over Fraud

By Sanday Chongo Kabange | 19/01/2026

The FSA is considering disciplinary action after an internal probe found over 100 staff bilked 500 customers in a scandal dating back decades.

Enforcement

Japan FSA Approves Turnaround Plan Submitted by Iwaki Shinkin Credit Union

By Sanday Chongo Kabange | 19/01/2026

The five-year plan aims for governance reform and addresses recent business improvement orders, following a 2012 public fund injection.

Enforcement

SEBI Gives In-principle Nod to NSE Settlement in Co-location Case

By Nithya Subramanian | 16/01/2026

The regulator’s approval of the NSE’s settlement plea in the long-standing co-location case brings India’s largest exchange closer to its much-delayed public listing.

Enforcement

Korea Launches Multi-agency Task Force to Curb Illicit FX Flows

By Manesh Samtani | 16/01/2026

New six-agency body to target underground banking and asset flight as regulators also lean on banks to curb dollar demand.