ENFORCEMENT

Fintech / Regtech

Hong Kong Privacy Watchdog Probes Louis Vuitton Data Breach

By Manesh Samtani | 21/07/2025

The investigation follows the luxury brand's disclosure of a multi-country cyberattack that compromised the personal data of customers across Asia.

AML / KYC

1MDB Fugitive Jho Low Allegedly in Shanghai Using Forged Australian Passport

By Manesh Samtani | 21/07/2025

Investigative journalists claim the fugitive financier is living in a luxury mansion and working for entities linked to the Chinese government.

Enforcement

China Issues Judicial Directive to Bolster Defences Against Foreign Sanctions

By Mark Johnston | 21/07/2025

Top judicial bodies are directed to enhance their understanding of international law as part of a broader strategy to guard against foreign sanctions and long-arm jurisdiction.

Enforcement

Japan's FSA Orders Nippon Life to Report on Information Leak

By Nithya Subramanian | 21/07/2025

The FSA ordered Nippon Life to explain how one of its employees accessed and shared confidential documents obtained from MUFG Bank.

Enforcement

Cambodia Arrests Over 1,000 in Crackdown on Scam Syndicates

By Nithya Subramanian | 19/07/2025

The arrests follow a directive from Prime Minister Hun Manet targeting foreign-run scam syndicates operating in Cambodia.

Fintech / Regtech

Australia Sees Launch of First Bitcoin-Backed Mortgage Product

By Editors | 18/07/2025

Fintech firm Block Earner has launched the product after a federal court found its crypto loans did not require a financial services licence, a decision now being appealed by ASIC.

Securities / Derivatives

China Probes Underwriting Price War Between Top Banks

By Editors | 18/07/2025

Regulators are investigating six underwriters, including Citic Securities and Guotai Haitong, after fees on a major bond deal fell to just CNY 700.

Securities / Derivatives

Taiwan Enacts Legal Reforms to Bolster Investor Protection

By Nithya Subramanian | 18/07/2025

Amendments to the investor protection law give the SFIPC greater authority to sue or remove company officials and clarify the use of the investor compensation fund.

Enforcement

Korean Lawmaker Says Upbit Faces Potential Multi-Trillion Won Fine

By Editors | 18/07/2025

A senior lawmaker has urged the regulator to impose a fine on the country's top crypto exchange for millions of alleged KYC violations.