ADVERTISEMENT
Enforcement
Wells Fargo Halts China Travel Following Banker's Exit Ban
By Editors | 18/07/2025
The Wells Fargo banker was subjected to an exit ban after arriving in China for a business trip in recent weeks.
Enforcement
South Korea Set to Enact Law Changes Targeting Illegal Lending
By Nithya Subramanian | 17/07/2025
Starting 22 July, Korea will nullify loan contracts with annual interest rates exceeding 60% and those involving coercion or exploitation.
Enforcement
Hong Kong SFC Bans Former Asset Manager for Nine Years
By Sanday Chongo Kabange | 17/07/2025
The former HF Asset Management officer failed to act in the "best interests" of a fund that ended up losing 86 percent of its value.
Enforcement
Bangladesh Bank Audit Reveals False Reporting by Global Islami Bank
By Mark Johnston | 17/07/2025
A BDT 22.59 billion loss was masked as profit by Global Islami Bank. Regulators are investigating whether the misreporting stemmed from the bank’s management or the auditors.
Enforcement
FSS Korea Penalises Hana Securities Manager for Illegal Stock Trades
By Nithya Subramanian | 16/07/2025
The FSS found that the manager abused privileged information obtained during his duties to conduct illegal trades through his wife's account.
Securities / Derivatives
BSEC Refers IPO Scam to ACC, Imposes Travel Bans and Penalties
By Nithya Subramanian | 16/07/2025
The BSEC claim company officials colluded with auditors and financiers to fabricate capital and deceive investors ahead of the company’s 2019 stock market debut.
AML / KYC
Reputation and Personal Accountability: The Wider Impact of AML/CTF Breaches
By Nathan Lynch | 15/07/2025
Experts say holding executives personally accountable is the key to managing the deep reputational and operational fallout from AML/CTF failures.
Enforcement
Singapore Penalises Law Firms Over Role in Money Laundering Case
By Editors | 15/07/2025
MinLaw has fined two firms and referred one lawyer for disciplinary action as part of a wider crackdown on professional enablers.
AML / KYC
India Probes Binance Over Suspected Illicit Crypto Flows From Pakistan
By Editors | 15/07/2025
Regulators are scrutinising private wallets amid concerns over terror financing, with a focus on transactions in the Kashmir region.
Enforcement
Bangladesh Court Sends Former Janata Bank Chair to Jail in Loan Scam Case
By Nithya Subramanian | 15/07/2025
Economist Abul Barkat has been jailed as part of an ongoing investigation into embezzlement by the Anti-Corruption Commission.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team