Enforcement

AML / KYC

S Korean National Pleads Guilty to Money Laundering Charges in Singapore

By Nithya Subramanian | 06/09/2025

The Korean national admitted in a Singapore court to using criminal proceeds to buy gold bars, which he then smuggled out of the country disguised in shipments.

Enforcement

Hong Kong Fines Tahoe Life HK$10m for Unauthorised Related-Party Deals

By Sanday Chongo Kabange | 05/09/2025

The penalty follows the IA's move last year to seize control of Tahoe Life due to significant governance failures and concerns over its financial position.

Fintech / Regtech

South Korea to Impose Stricter Fines For IT Security Breaches

By Sanday Chongo Kabange | 05/09/2025

The FSC will now levy separate penalties for each individual compliance failure, ending its practice of bundling related violations into a single fine.

Trending

Jane Street Challenges SEBI Over Withheld Evidence in Manipulation Case

By Manesh Samtani | 05/09/2025

Jane Street alleges SEBI is suppressing reports that cleared it of wrongdoing before imposing a trading ban and a multi-billion rupee escrow.

AML / KYC

Interpol Issues 'Silver Notice' to Trace Assets of Indian Drug Fugitive

By Editors | 05/09/2025

The notice, the first of its kind for India's Narcotics Control Bureau, targets the proceeds of a Dubai-based trafficker.

Enforcement

Korea FSS Fines Nextera Over Dual-role and Trading Rule Breaches

By Editors | 05/09/2025

The FSS penalises Nextera Investment Discretionary Management and executives for unauthorised concurrent appointments and personal account trading.

Enforcement

Australian Senate Terminates Inquiry into Wealth Management Collapses

By Sanday Chongo Kabange | 04/09/2025

Senate committee declines to resume inquiry into Dixon Advisory, prompting calls for renewed scrutiny amid fresh fund failures.

Fintech / Regtech

Korea FSS Urges Stronger Controls After Lotte Card Data Breach

By Sanday Chongo Kabange | 04/09/2025

The FSS has called for tighter internal safeguards and expedited consumer protection following a data leak at Lotte Card that went undetected for 17 days.

Enforcement

Singapore Invokes OCHA in First Directive to Meta over Facebook Scam Ads

By Nithya Subramanian | 04/09/2025

The move marks Singapore’s first use of new online harm powers, targeting a surge in scams impersonating senior officials that cost victims SGD 126 million in H1 2025.