Enforcement

Enforcement

ASIC Secures A$14m Penalty Against Crypto Firm BPS Financial

By Sanday Chongo Kabange | 28/01/2026

Court finds that the 'Qoin Wallet' issuer operated without a licence and made misleading claims, setting a key precedent on penalty calculations.

Securities / Derivatives

China Fines Ruifengda Record CNY 41m in Private Equity Crackdown

By Mark Johnston | 28/01/2026

Regulators establish a strict liability framework combining administrative, self-regulatory, and criminal penalties to dismantle a complex private equity fraud network.

Enforcement

SHFE Imposes Trading Curbs on 16 Firms Trading Metals Markets

By Mark Johnston | 28/01/2026

The Shanghai exchange has imposed trading curbs on 16 clients and tightened position limits, sending tin prices tumbling.

Enforcement

Korea: KDIC to Deploy AI to Recover Overseas and Digital Assets

By Mark Johnston | 28/01/2026

South Korea’s deposit insurer outlines 2026 plans to utilise artificial intelligence and third-party litigation funding to recover hidden overseas and digital assets.

Sanctions

Silver’s Surge Demands a New Approach to Managing Laundering Risks

By Nathan Lynch | 28/01/2026

With silver reaching all-time highs, financial crime experts warn that the metal’s growing “value density” and lower regulatory scrutiny are making it an attractive alternative for illicit transactions.

Crypto / Digital Assets

Korea Prosecutors Lose KRW 70b in Seized Bitcoin to Phishing

By Mark Johnston | 28/01/2026

Incident highlights custodial risks for digital assets amid recent Supreme Court ruling classifying crypto as seizeable ‘electronic property’.

Fintech / Regtech

SFC Sets Feb 2026 Deadline for Migration to New STR Platform

By Manesh Samtani | 27/01/2026

The regulator has mandated a transition to the new STREAMS 2 platform, detailing submission methods and a blackout period.

Enforcement

SFC Suspends Two for Misconduct Involving HKD 3.4bn in Hidden Trades

By Sanday Chongo Kabange | 27/01/2026

Regulator bans former account executives for concealing personal dealing in nominee accounts and circumventing internal controls over a nearly 10-year period.

Enforcement

US SEC Moves to Serve Summons on Adani Bypassing Indian Authorities

By Nithya Subramanian | 27/01/2026

The SEC has sought court approval to directly serve legal summons on Gautam and Sagar Adani, amid allegations linked to a cross-border corruption probe.