Enforcement

Enforcement

Indonesia Police Freeze $10m in Online Gambling Crackdown

By Nithya Subramanian | 28/08/2025

The police force have frozen and seized 811 bank accounts linked to illegal online gambling, while three suspects tied to international betting sites have been arrested.

Enforcement

Bursa Malaysia Reprimands, Fines and Strikes Off Former Dealer

By Nithya Subramanian | 28/08/2025

The exchange said the former dealer engaged in fraudulent practices, including using his deceased father’s name for personal trades.

Enforcement

ASIC Bans Ex-Compliance Manager Over Shield Master Fund Advice

By Sanday Chongo Kabange | 28/08/2025

ASIC has banned a former senior manager from MWL Financial Services for failures linked to advice on Shield Master Fund, which collapsed last year.

Enforcement

Australian Court Penalises TerraCom in Landmark Whistleblower Case

By Sanday Chongo Kabange | 28/08/2025

The penalty against the mining resources company is ASIC's first enforcement outcome for contraventions of whistleblower provisions.

Enforcement

South Korea to Toughen Penalties Regime for Accounting Fraud

By Manesh Samtani | 28/08/2025

Regulators plan to raise company fines 1.5-fold and individual penalties 2.5-fold, strengthen audit-interference sanctions and tighten liability rules.

Enforcement

Hong Kong Police Arrest 29 in Anti-Loan Sharking Crackdown

By Sanday Chongo Kabange | 28/08/2025

Since mid-May, four coordinated operations have seen dozens arrested, including minors, for predatory lending and "excessive interest rates".

Enforcement

SFC Reaffirms “Uncompromising” Approach Towards Criminal Syndicates

By Sanday Chongo Kabange | 27/08/2025

SFC Chairman Kelvin Wong outlined a series of enforcement and governance measures aimed at tackling criminal syndicates and safeguarding market integrity.

Enforcement

ASIC Sues Superannuation Trustee Over Shield Master Fund Losses

By Sanday Chongo Kabange | 27/08/2025

ASIC alleges Equity Trustees failed to properly vet the Shield Master Fund before offering it to thousands of members, compromising around AUD 160 million in savings.

Enforcement

SFC Fines HSBC HKD 4.2m for Research Disclosure Breaches

By Sanday Chongo Kabange | 26/08/2025

The SFC cited years of systemic data and control deficiencies that led to thousands of incorrect disclosures in investment research reports.