ENFORCEMENT

Enforcement

ASIC Sues Coal Power Operator for Market Manipulation

By Sanday Chongo Kabange | 02/07/2025

ASIC alleges that Delta Power & Energy engaged in futures market and financial benchmark manipulation on 30 occasions.

Capital / Liquidity

FSC Korea Orders Sangsangin Plus Bank to Improve Management

By Editors | 02/07/2025

The action, the first of its kind since the 2011 crisis, comes as the bank’s delinquency rate tops 20%, more than double the industry average.

Enforcement

Taiwan Passes Law Allowing Cross-Company Dismissal of Directors

By Editors | 02/07/2025

The new law allows for the dismissal of listed company directors for fraud or embezzlement committed at other firms.

Enforcement

Philippines: Many Online Scammers Used to Work at POGOs

By Nithya Subramanian | 01/07/2025

Authorities say many online scammers who’ve been arrested used to work for POGOs, which were banned in the Philippines last year.

Enforcement

Malaysian Court Jails Ex-CIMB Banker for Securities Fraud

By Nithya Subramanian | 01/07/2025

The former banker claimed he would invest investors’ funds in shares but used them for other purposes without their knowledge.

AML / KYC

MAS Fines Five Payment Firms for AML/CFT Lapses

By Nithya Subramanian | 01/07/2025

MAS investigations found lapses in customer due diligence, identifying beneficial owners and cross-border transaction monitoring.

Enforcement

Malaysia Targets Overseas Assets Linked to Former Finance Minister

By Nithya Subramanian | 01/07/2025

The MACC has sought foreign cooperation to freeze and investigate wealth across five jurisdictions, including the US, Singapore, and Japan.

Securities / Derivatives

SEBI Tightens Oversight of Brokers After Inspections Reveal Lapses

By Editors | 30/06/2025

SEBI has mandated annual inspections and stricter checks for market manipulation following findings of widespread non-compliance by brokers.

AML / KYC

Hong Kong Police Arrest Eight Involved in Share Sale Scams

By Editors | 28/06/2025

HK police have arrested eight individuals in connection with two phishing schemes targeting over 130 investors, resulting in HK$46 million in losses.