Enforcement

Enforcement

SEBI Sends BofA Show-cause Notice for Over Alleged Insider Trading

By Nithya Subramanian | 12/01/2026

SEBI has reportedly claimed BofA’s domestic securities team shared confidential information during a 2024 share sale.

Enforcement

Cambodia Arrests, Extradites Prince Group’s Chen Zhi to China

By Nithya Subramanian | 08/01/2026

The extradition to China on Tuesday follows a months-long joint investigation, amid US charges and a wave of regional asset seizures and regulatory actions.

Crypto / Digital Assets

Korea Proposes to Ramp Up Penalties for Security Breaches at Crypto Firms

By Mark Johnston | 08/01/2026

Regulators propose punitive fines of up to 10 percent of revenue for security breaches and a bank-led model for won-backed stablecoins under upcoming Phase 2 legislation.

AML / KYC

Malaysian Authorities Intensify 1MDB Asset Recovery Effort: Report

By Nithya Subramanian | 07/01/2026

The government plans to “fast track” civil suits against financial institutions, but will remain “flexible” on settlements.

Enforcement

Singapore Court Jails Director Over Scam-Linked Shell Companies

By Nithya Subramanian | 07/01/2026

A company director has been imprisoned and fined for registering shell firms that were used to fraudulently receive more than USD 210,000 in suspected criminal proceeds from a US-based company.

Enforcement

Hong Kong Jails Ex-HSBC Banker Over Account Opening Bribery Scheme

By Sanday Chongo Kabange | 07/01/2026

The former banker and an intermediary were sentenced to six months' imprisonment for a conspiracy involving over CNY 13,000 in bribes to open accounts.

Enforcement

How a South Sudanese General Regained Control of an Australian Mansion

By Nathan Lynch | 07/01/2026

A court judgment has allowed a South Sudanese PEP to retain control of a multi-million-dollar mansion in Victoria, highlighting the challenges facing the financial intelligence community.

Crypto / Digital Assets

Thai SEC Suspends KuCoin Unit Over Capital Adequacy Breach

By Mark Johnston | 06/01/2026

Thai SEC orders halt to operations after exchange’s capital ratio fell below 60 percent of minimum requirement for five consecutive days.

Crypto / Digital Assets

SFC Fines Saxo Capital Markets Over Virtual Asset Product Control Failures

By Sanday Chongo Kabange | 06/01/2026

The SFC cites multi-year breaches in client suitability, due diligence, and platform controls for products improperly offered to retail investors.