Enforcement

AML / KYC

Global AML Watchdogs Urge Informal Cooperation in New Handbook

By Manesh Samtani | 08/09/2025

The FATF, Egmont Group, Interpol, and UNODC have released a guide promoting faster, informal cooperation to combat cross-border financial crime and recover assets.

Enforcement

Korea's IBK Uncovers Employee Misconduct with New Audit System

By Nithya Subramanian | 08/09/2025

The KRW 1.89 billion conflict-of-interest case did not result in financial loss but will be reported to investigative authorities.

Securities / Derivatives

HK SFC Suspends Former Asset Manager RO for Fund Failures

By Editors | 06/09/2025

The former RO failed to address significant conflicts of interest and NAV inflation in a fund managed by the now-dissolved Agg Asset Management.

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.