ENFORCEMENT

Enforcement

Korea: Ex-Meritz Fire CEO Facing Criminal Prosecution for Insider Trading

By Mark Johnston | 26/07/2025

South Korean financial regulators have referred the former CEO of Meritz Fire & Marine Insurance and other executives for prosecution over alleged insider trading.

Enforcement

Thailand’s AI-Powered Cybercrime Law Prevents THB 5.9bn Losses

By Nithya Subramanian | 25/07/2025

Within three months, authorities froze nearly 182,000 bank accounts and taken down over 33,000 malicious websites.

Enforcement

Australian Court Rejects ASIC's ‘Finder Earn’ Product Appeal

By Sanday Chongo Kabange | 25/07/2025

ASIC says the court’s decision highlights challenges in applying Australia’s existing financial services laws to crypto-asset products

Enforcement

Hong Kong PCPD Probes Cathay Pacific Data Breach

By Sanday Chongo Kabange | 25/07/2025

The compliance check into a Cathay Pacific data breach follows a recent investigation into a Qantas data breach, signalling heightened regulatory scrutiny on data protection in the city.

Capital / Liquidity

India’s Supreme Court Allows CBI to File 22 Cases Against Banks and Builders

By Nithya Subramanian | 25/07/2025

The court cited “substantial evidence” of collusion between banks and real estate developers, exposing violations of lending norms under the now-controversial subvention scheme.

Enforcement

IFTI Business: The Story Behind PayPal's Epic Enforceable Undertaking

By Nathan Lynch | 25/07/2025

The completion of PayPal’s Enforceable Undertaking with AUSTRAC brings to a close one of the most extraordinary chapters in AML/CTF supervision.

Enforcement

SEBI to Place MCX on Regulatory Review After Market Outage - Report

By Mark Johnston | 25/07/2025

SEBI is reported to be considering action against MCX following a technical glitch that caused a trading halt on Wednesday.

Enforcement

Australian Police, Banks Issue Joint Warning on Money Mule Accounts

By Manesh Samtani | 25/07/2025

ABA CEO Anna Bligh described the use of mule accounts as a "key tactic in a criminal’s playbook" and effectively a "getaway vehicle" for scammers.

Enforcement

US PCAOB Revokes Hong Kong Audit Firm's Registration

By Manesh Samtani | 24/07/2025

Centurion ZD CPA & Co. and its owner have been permanently barred after the PCAOB found major violations in the 2021 audit of Luckin Coffee.