Enforcement

Enforcement

NZ Insurer FMG to Pay NZD 2.1m, Remediate Millions for Misleading Customers

By Editors | 10/02/2026

New Zealand's FMG has admitted to fair dealing breaches after an FMA investigation found it overcharged thousands of customers for years.

Securities / Derivatives

China Regulator Uncovers Major Violations in 2025 IPO Inspections

By Editors | 10/02/2026

Two firms and their intermediary institutions face investigation for suspected fraud, while the CSRC notes a sharp drop in companies withdrawing applications upon inspection, signalling improved filing quality.

AML / KYC

Australian Banks Seek to Limit AUSTRAC's Proposed Product Ban Powers

By Manesh Samtani | 10/02/2026

The ABA has called for the new AML intervention powers to be restricted to high-risk sectors like crypto, not established banks

Enforcement

Korea FSS Sanctions Insurance Agencies for Sales Misconduct

By Editors | 09/02/2026

FSS issues multi-billion won fine and business suspension for illegal commissions, along with other penalties for improper policy churning.

Enforcement

Korea Probes Bithumb After $43 Billion Bitcoin Payout Error

By Manesh Samtani | 09/02/2026

The incident, which caused a flash crash and revealed the crediting of "phantom" coins, has exposed internal control failures at Bithumb.

Fintech / Regtech

Korea FSS Penalises Major Insurer for IT Governance Failures

By Editors | 09/02/2026

Insurer fined KRW 124 million for widespread failures, including unencrypted customer data, system errors, and unauthorised employee access to information

Securities / Derivatives

HK Investors Join Legal Action Against Switzerland Over AT1 Losses

By Manesh Samtani | 09/02/2026

A group that lost USD 130 million in Credit Suisse AT1 bonds is joining a treaty-based arbitration claim against the Swiss government.

Enforcement

Chinese Illicit Crypto Marketplace Thrives Despite Crackdown - Report

By Manesh Samtani | 09/02/2026

TRM Labs report shows the Chinese-language service Xinbi Guarantee adapted to enforcement by migrating platforms.

Enforcement

Korea Probes Bithumb Over Misleading Liquidity Claims

By Mark Johnston | 09/02/2026

KFTC investigates allegations that Bithumb exaggerated its market position and unfairly altered conditions for a cash giveaway promotion.