Enforcement

Enforcement

Bangladesh Issues Arrest Warrant for Senior UK Politician

By Nithya Subramanian | 16/04/2025

Former UK Treasury minister Tulip Siddiq is wanted as part of a sweeping anti-corruption investigation.

AML / KYC

Singapore Jails Man for Laundering Chinese Funds with USDT

By Nithya Subramanian | 15/04/2025

The scheme involved using cash from China-issued bank cards to purchase gold in Singapore which was subsequently converted to USDT.

Enforcement

ASIC Sues Wiluna Mining Over 2022 Disclosure Breaches

By Sanday Chongo Kabange | 15/04/2025

Wiluna Mining announced in June 2022 that it had raised A$57.3mn when only A$50.3mn of funds were actually received.

AML / KYC

Australia Tackles Illicit Funds in A$11 Trillion Real Estate Market

By Nathan Lynch | 15/04/2025

AUSTRAC is preparing to use its new enforcement powers to combat illicit funds flowing through the booming real estate market, writes Nathan Lynch.

Enforcement

Korea Approves Reform Allowing Account Freeze for Market Abuse

By Manesh Samtani | 15/04/2025

Those engaged in unfair trading or illegal short selling can have their accounts frozen and be banned from trading for five years.

Enforcement

FSC Taiwan Fines SinoPac Securities Over Staff Misconduct

By Nithya Subramanian | 14/04/2025

A SinoPac Securities employee borrowed money from clients, misused client funds, and engaged in deceptive practices.

Crypto / Digital Assets

US Authorities End ‘Regulation by Prosecution’ for Digital Assets

By Manesh Samtani | 14/04/2025

The SEC is considering introducing an exemptive relief framework that allows crypto firms to operate until federal regulations are in place.

Enforcement

Kakao Pay Facing Hefty Fine for Unauthorised Data Transfers

By Thisanka Siripala | 13/04/2025

Between April 2018 and May 2023, Kakao Pay transferred data to China’s Alipay belonging to approximately 40.45 million individuals

Sanctions

TSMC Facing $1bn Penalty for Alleged Export Control Evasion

By Editors | 13/04/2025

US authorities have reportedly been investigating TSMC over allegations that it made chips that ended up in Huawei-made processors.