Enforcement

AML / KYC

South Korea, US to Bolster AML Cooperation in Asia-Pacific

By Editors | 21/04/2026

Finance chiefs finalised a critical minerals framework and shared concerns over won volatility, while FIUs agreed to enhance information sharing to combat illicit finance.

Enforcement

India’s IFSCA Cancels First Broker-Dealer Licence in GIFT City

By Nithya Subramanian | 21/04/2026

The action against String AI IFSC follows findings of inadequate infrastructure, unpermitted business activities, and non-cooperation with the exchange.

Securities / Derivatives

Taiwan's Taishin Securities Faces Probe After Post-Merger System Outages

By Mark Johnston | 20/04/2026

The brokerage, now Taiwan's fourth-largest, suffered two system failures following its merger with MasterLink, leading to thousands of incorrect trades and a regulatory investigation.

Enforcement

Australian Firms and Directors to Pay AUD 7 Million for Credit Act Breaches

By Sanday Chongo Kabange | 20/04/2026

The Federal Court of Australia has penalised two financial firms and their directors for operating a lending model designed to bypass consumer credit laws.

Sanctions

UK Unveils Tech-Focused Strategy to Tackle Sanctions Evasion

By Manesh Samtani | 20/04/2026

The new three-year plan from OFSI focuses on using AI, data analytics, and international partnerships to increase efficiency and target risk.

Fintech / Regtech

Fintech FNZ Facing USD 4.6 Billion Class Action in New Zealand

By Sanday Chongo Kabange | 20/04/2026

Hundreds of employee shareholders are suing the global fintech giant in a New Zealand court, alleging fundraising deals unfairly diluted their holdings.

AML / KYC

Malaysia Recovers 1MDB-Linked Artworks Amid Gaps in Fugitive Pursuit

By Nithya Subramanian | 17/04/2026

Four artworks valued at nearly USD 200,000 have been returned as part of ongoing recovery efforts, but alleged mastermind Jho Low remains absent from Interpol’s public list.

Securities / Derivatives

Korea Grants Investigators Powers to Launch Self-Initiated Probes

By Sanday Chongo Kabange | 16/04/2026

Regulators have amended rules to allow financial watchdogs to directly convert any market abuse investigation into a criminal probe, bypassing prosecutors.

Enforcement

China Court Orders Liquidation of Shadow Banking Giant Zhongzhi

By Mark Johnston | 16/04/2026

A Beijing court has ordered the consolidated bankruptcy liquidation of Zhongzhi and 316 affiliates, signalling a major move to contain systemic risk.