Enforcement

Enforcement

Australia Police Charge NAB Manager in A$200M Fraud Syndicate

By Sanday Chongo Kabange | 12/11/2025

A senior NAB manager has been charged for his alleged 'gatekeeper' role in a A$200 million fraud syndicate, prompting a review of the bank's internal controls.

Enforcement

South Korea Fines Hana Bank for Private Fund Mis-selling

By Sanday Chongo Kabange | 11/11/2025

The FSS has penalised the bank for distorting risks and omitting key information when selling KRW 378 billion of funds to investors.

AML / KYC

UK Seizes Assets from Fugitives in Singapore’s Billion-dollar ML Case

By Nithya Subramanian | 11/11/2025

UK authorities seized assets including three Jurassic-era dinosaur skeletons and nine luxury London apartments.

Enforcement

Ex-SFC Official Faces New Charge in Market Manipulation Probe Leak

By Sanday Chongo Kabange | 11/11/2025

A former associate director of the SFC allegedly advised suspects on how to handle a market manipulation investigation, including destroying evidence.

Enforcement

Hong Kong Arrests 32 in $140m Loan Fraud Scheme

By Sanday Chongo Kabange | 10/11/2025

Thirteen frontline bank staff are among those arrested for a scheme that fraudulently sought government-backed loans for small businesses.

Enforcement

South Korea FSS, Police, Uncover $13M Cambodia-Based Investment Fraud Ring

By Mark Johnston | 10/11/2025

South Korea's FSS said 54 members of an organised ring were arrested for impersonating a UK firm to defraud investors.

Enforcement

IMF to Probe Bangladesh Banking Sector Over NPL Data Concealment

By Mark Johnston | 10/11/2025

The fund will look into how bad debt surged to BDT 6.5 trillion, examining manipulation or negligence, and breached a USD 4.7 billion loan condition.

Enforcement

Hong Kong SFC Secures First Jail Sentence for Finfluencer

By Sanday Chongo Kabange | 10/11/2025

A financial influencer has been imprisoned for six weeks for providing unlicensed investment advice on a paid Telegram group.

AML / KYC

Mining the Blockchain: Lessons from the Prince Group Laundering Case

By Nathan Lynch | 10/11/2025

The US DOJ’s case against Chen Zhi, chairman of Cambodian-headquartered Prince Group, has provided a unique window into the role of cryptocurrency in modern money laundering schemes.