Enforcement

Enforcement

SC Malaysia Charges Former Unit Trust Consultant with Securities Fraud

By Nithya Subramanian | 31/07/2025

The consultant allegedly defrauded two investors by misrepresenting a unit trust investment, and used the funds for her personal investments.

Enforcement

Singapore Court Orders Execs Involved in Nickel Fraud Case to Repay S$900m

By Nithya Subramanian | 30/07/2025

Two former directors were found liable for breach of duties in Singapore's largest Ponzi scheme, with one also found liable for fraudulent trading.

Enforcement

Chinese Authorities Issue New Rules to Fight Cybercrime "Accomplices"

By Manesh Samtani | 30/07/2025

New judicial guidelines aim to curb rampant online fraud by clarifying sentencing for accomplices, targeting organised gangs and offering leniency for students.

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.