Enforcement

Enforcement

ASIC Charges Four for Laundering Scam Proceeds via Crypto

By Manesh Samtani | 08/08/2025

ASIC alleges a former barrister and three others laundered proceeds from a sophisticated fake bond scam through offshore and crypto accounts.

Enforcement

Australia's Financial Accountability Regime Under Fire for Lack of Enforcement

By Editors | 07/08/2025

A key post-royal commission reform is being criticised for failing to produce any penalties, despite numerous instances of misconduct in the financial sector.

Enforcement

ASX to Review Internal Processes After Human Error Halts Trading

By Sanday Chongo Kabange | 07/08/2025

ASX has apologised after an administrative mistake incorrectly linked TPG Telecom to a takeover announcement, prompting a sell-off and trading halt.

Enforcement

Chinese Regulators Impose Over ¥30M in Fines on Bank of Shanghai

By Mark Johnston | 07/08/2025

The PBOC and NFRA imposed fines on the bank over AML-related and other failures. 15 managers also held individually accountable.

Crypto / Digital Assets

India's Enforcement Directorate Cracks Down on Crypto Fraudsters

By Nithya Subramanian | 07/08/2025

India’s ED launched nationwide raids in two major crypto fraud cases — one tied to a phishing scam, the other to a global cyber racket using impersonation and crypto laundering.

Enforcement

New Zealand FMA Warns Kiwibank Over Flawed Customer Fee Controls

By Sanday Chongo Kabange | 07/08/2025

The FMA has formally warned Kiwibank for failures in its systems and controls leading to significant overcharging of customers over more than a decade.

Enforcement

India’s ED Arrests Former Axis Mutual Fund Dealer in Front-Running Scam

By Nithya Subramanian | 06/08/2025

The scam allegedly generated over INR 2 billion in illicit profits and involved a vast network of traders and shell entities.

Enforcement

ASIC Probing Collapse of Three Managed Investment Schemes

By Manesh Samtani | 06/08/2025

An investigation is underway into the failure of several managed investment schemes that has left over 12,000 Australians facing significant retirement losses.

Enforcement

FSS Korea Sanctions Securities Chairman Over Collusive Trading Scheme

By Mark Johnston | 06/08/2025

South Korea’s FSS has sanctioned the chairman of Yuhwa Securities over collusive trading and misleading stock buyback practices.