ENFORCEMENT

Capital / Liquidity

Bangladesh Bank Unveils Rules to Tackle Wilful Defaulters

By Nithya Subramanian | 30/07/2025

A new directive requires non-bank financial institutions to publicly name wilful defaulters and bar them from future loans or board roles.

Enforcement

Banks to Refund Low-Income Customers for "Fee Harm", ASIC Says

By Sanday Chongo Kabange | 30/07/2025

ASIC has directed banks to overhaul product design and migration processes after uncovering widespread excessive fees for vulnerable customers.

AML / KYC

Critical Lessons in NAB’s Enforcement Action From AUSTRAC

By Nathan Lynch | 29/07/2025

Australia’s NAB has avoided a potential billion-dollar AML/CTF penalty and closed out a mammoth enforceable undertaking. The case is a masterclass in regulatory remediation, writes Nathan Lynch.

Enforcement

FSS Korea Initiates Disciplinary Action Over Fraudulent IBK Loans

By Nithya Subramanian | 29/07/2025

The FSS has sent a formal inspection opinion to Industrial Bank of Korea, marking the start of enforcement action in a major loan fraud case involving internal staff collusion and falsified documents.

Enforcement

Two Former Execs Arrested in Hong Kong for Manipulation, Corruption

By Sanday Chongo Kabange | 28/07/2025

A former executive director of an SFC-licensed brokerage firm is suspected of accepting advantages from a listed company's former chairman.

AML / KYC

New Zealand Passes Law to Join Global Cybercrime Treaty

By Manesh Samtani | 28/07/2025

The legislation enables authorities to issue 'preservation directions' to companies and aligns New Zealand with the global Budapest Convention.

Enforcement

Korea's New Stock Manipulation Task Force Launches This Week

By Mark Johnston | 28/07/2025

The multi-agency unit will start under an acting chief after its designated head retired, raising concerns about its initial effectiveness.

AML / KYC

South Korea to Launch Singapore-style Anti-Scam Centre

By Manesh Samtani | 28/07/2025

New measures will see police, banks and telcos share data to pre-emptively freeze accounts of potential phishing victims amid soaring losses.

Enforcement

China's NAFMII Expands Bond Underwriting Probe to Guangfa Bank

By Mark Johnston | 28/07/2025

An investigation that began with six underwriters over low fees for a capital bond issuance has now been extended to the bank itself.