Enforcement

Enforcement

Hong Kong PCPD Censures Insurer, Airline in Data Breach Crackdown

By Sanday Chongo Kabange | 08/07/2025

The PCPD has detailed multiple data security failures, urging firms to embed data protection into their corporate culture.

Enforcement

India to Upgrade Market Surveillance After Jane Street Ban

By Editors | 08/07/2025

SEBI will upgrade market surveillance after barring Jane Street, which has said it will appeal the market manipulation claims.

AML / KYC

FATF Warns of Evolving Terrorist Financing Risks, Gaps in Global Response

By Manesh Samtani | 07/07/2025

New FATF report warns that 69% of countries are failing to prosecute terrorist financing effectively, as criminals mix new tech with old methods.

Enforcement

Australian Federal Court Dismisses ASIC Misleading Disclosures Case

By Editors | 07/07/2025

A Federal Court judge has cleared four TerraCom officers of misleading the market, delivering a sharp critique of ASIC's case.

Enforcement

ASIC Bans Former Financial Advisor Over ‘Fees For No Service’

By Sanday Chongo Kabange | 07/07/2025

ASIC has banned former Lighthouse Partners' director Kiriley Roper for 10 years for obtaining client fees despite not providing a service.

Enforcement

India Bars Jane Street and Seizes $567m Over Market Manipulation Claims

By Editors | 07/07/2025

SEBI described Jane Street's trading behaviour as "egregious" and said the firm "is not a good faith actor that can be, or deserves to be, trusted."

AML / KYC

MAS Penalises Major Banks in S$3 Billion Money Laundering Probe

By Manesh Samtani | 05/07/2025

MAS has penalised nine financial institutions, including Credit Suisse and UOB, for significant AML control failures linked to a major criminal case.

Enforcement

Korean Regulator Flags Sharp Rise in Foreign Exchange Breaches

By Editors | 04/07/2025

The FSS reports a 45% surge in foreign exchange violations, with failures in reporting overseas direct investments leading the breaches.

Enforcement

India’s CBI Summons Bank Officials in Major Cyber Fraud Crackdown

By Nithya Subramanian | 04/07/2025

The CBI has launched a nationwide probe into over 850,000 suspected mule accounts linked to cybercrime, amid concerns of insider collusion and weak KYC controls.