Enforcement

Enforcement

SFC Imposes 6-Month Ban on Former Executive Director of MTF Securities

By Sanday Chongo Kabange | 06/06/2025

The SFC banned a former MTF Securities executive director for failing to properly manage credit risks and report suspicious trading […]

AML / KYC

Stakes High in AUSTRAC’s A$400m Case Against Star Casino

By Nathan Lynch | 06/06/2025

AUSTRAC’s A$400m Star casino case will test the boundaries of Australia’s AML/CTF regime and potentially reshape the financial crime compliance landscape.

Enforcement

South Korean Court Rules in Novel Predatory Lending Case

By Mark Johnston | 05/06/2025

A South Korean court ruling mandates full repayment plus damages in a predatory lending case, setting a new precedent for consumer protection.

Enforcement

Over 1,800 Arrested in Transnational Crackdown on Scams: Singapore Police

By Nithya Subramanian | 05/06/2025

A cross-border operation spanning seven territories has uncovered extensive scam networks linked to over 9,200 cases, with victims losing an estimated $225mn.

Enforcement

South Korea’s FSS Sanctions Insurers for Control Deficiencies

By Thisanka Siripala | 05/06/2025

FSS finds deficiencies in contract governance, claims handling, and data usage at three major non-life insurance companies.

AML / KYC

UNODC Flags Money Laundering Risks as Drug Crimes Surge in Asia

By Thisanka Siripala | 05/06/2025

Drug trafficking networks are increasingly turning to underground banking and digital platforms to launder drug proceeds.

AML / KYC

Crypto ATMs in the Crosshairs, as Australia Targets Laundering, Scams and Terrorism

By Nathan Lynch | 04/06/2025

Nathan Lynch explores how Australian authorities are responding to the criminal threats associated with crypto ATMs, which proliferated during the pandemic.

Enforcement

China Proposes to Standardise Cyberspace Administration Penalties

By Editors | 04/06/2025

The CAC is seeking public comment on draft rules standardising administrative penalties for cyberspace violations.

Enforcement

ASIC Sues Westpac Unit for Systemic Misconduct 

By Sanday Chongo Kabange | 04/06/2025

ASIC commenced civil penalty proceedings against a subsidiary of Westpac for “systemic” misconduct in arranging home loans.