Enforcement

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.

Enforcement

Japan FSA Sanctions Tachibana for Repeated Sales Misconduct

By Thisanka Siripala | 10/04/2025

Tachibana Securities failed to detect or halt improper sales practices due to deficient internal audits, compliance checks, and management oversight.

Enforcement

RBA “Lost Confidence” in ASX Months Before December Outage – Report

By Sanday Chongo Kabange | 10/04/2025

The RBA had warned ASX in a September 2024 confidential that it had lost confidence in the exchange’s ability to manage its operations and risks.

AML / KYC

Singapore to Tighten AML Rules for Real Estate Sector

By Nithya Subramanian | 09/04/2025

A new bill proposes stronger penalties for AML compliance failures by real estate professionals and developers, among other measures.

Enforcement

Multinational Firm Scammed by Deepfake Tech in Singapore

By Nithya Subramanian | 09/04/2025

Singapore and Hong Kong police teamed up to recover over USD 499,000 lost to a scam involving deepfake video technology and digital manipulation.

Enforcement

China Issues Rules on Handling Criminal Cases Involving Banks, Insurers

By Editors | 09/04/2025

The regulations outline requirements for financial regulators and public security agencies handling criminal cases involving the banking and insurance industries.

Enforcement

Korea FSS Investigates MBK Investment Advisory Firm

By Thisanka Siripala | 09/04/2025

The investigation follows allegations of misuse of non-public information linked to a public acquisition in 2023.