Enforcement

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.

Enforcement

AUSTRAC Closes 2022 Enforceable Undertaking with NAB

By Sanday Chongo Kabange | 28/07/2025

AUSTRAC has cancelled the 2022 enforceable undertaking but says NAB must continue to improve its AML programmes.

Enforcement

India’s ED Raids Anil Ambani Firms in Bank Fraud and Money Laundering Probe

By Mark Johnston | 26/07/2025

The Enforcement Directorate is investigating an alleged INR 30 billion Yes Bank loan fraud, involving multiple regulatory violations and suspected bribery.

Enforcement

Korea: Ex-Meritz Fire CEO Facing Criminal Prosecution for Insider Trading

By Mark Johnston | 26/07/2025

South Korean financial regulators have referred the former CEO of Meritz Fire & Marine Insurance and other executives for prosecution over alleged insider trading.

Enforcement

Thailand: New Cybercrime Law Prevented $160m in Losses in 3mos

By Nithya Subramanian | 25/07/2025

Between 14 April and 20 July, authorities froze nearly 182,000 bank accounts and took down over 33,000 malicious websites.

Enforcement

Australian Court Rejects ASIC's Appeal in ‘Finder Earn’ Crypto Case

By Sanday Chongo Kabange | 25/07/2025

ASIC says the court’s decision highlights challenges in applying Australia’s existing financial services laws to crypto-asset products

Enforcement

Hong Kong PCPD Probes Cathay Pacific Data Breach

By Sanday Chongo Kabange | 25/07/2025

The compliance check into a Cathay Pacific data breach follows a recent investigation into a Qantas data breach, signalling heightened regulatory scrutiny on data protection in the city.

Capital / Liquidity

India’s Supreme Court Allows CBI to File 22 Cases Against Banks and Builders

By Nithya Subramanian | 25/07/2025

The court cited “substantial evidence” of collusion between banks and real estate developers, exposing violations of lending norms under the now-controversial subvention scheme.

Enforcement

IFTI Business: The Story Behind PayPal's Epic Enforceable Undertaking

By Nathan Lynch | 25/07/2025

The completion of PayPal’s Enforceable Undertaking with AUSTRAC brings to a close one of the most extraordinary chapters in AML/CTF supervision.