ENFORCEMENT

    AML / KYC

    FATF Warns of Evolving Terrorist Financing Risks, Gaps in Global Response

    By Manesh Samtani | 07/07/2025

    New FATF report warns that 69% of countries are failing to prosecute terrorist financing effectively, as criminals mix new tech with old methods.

    Enforcement

    Australian Federal Court Dismisses ASIC Misleading Disclosures Case

    By Editors | 07/07/2025

    A Federal Court judge has cleared four TerraCom officers of misleading the market, delivering a sharp critique of ASIC's case.

    Enforcement

    ASIC Bans Former Financial Advisor Over ‘Fees For No Service’

    By Sanday Chongo Kabange | 07/07/2025

    ASIC has banned former Lighthouse Partners' director Kiriley Roper for 10 years for obtaining client fees despite not providing a service.

    Enforcement

    India Bars Jane Street and Seizes $567m Over Market Manipulation Claims

    By Editors | 07/07/2025

    SEBI described Jane Street's trading behaviour as "egregious" and said the firm "is not a good faith actor that can be, or deserves to be, trusted."

    AML / KYC

    MAS Penalises Major Banks in S$3 Billion Money Laundering Probe

    By Manesh Samtani | 05/07/2025

    MAS has penalised nine financial institutions, including Credit Suisse and UOB, for significant AML control failures linked to a major criminal case.

    Enforcement

    Korean Regulator Flags Sharp Rise in Foreign Exchange Breaches

    By Editors | 04/07/2025

    The FSS reports a 45% surge in foreign exchange violations, with failures in reporting overseas direct investments leading the breaches.

    Enforcement

    India’s CBI Summons Bank Officials in Major Cyber Fraud Crackdown

    By Nithya Subramanian | 04/07/2025

    The CBI has launched a nationwide probe into over 850,000 suspected mule accounts linked to cybercrime, amid concerns of insider collusion and weak KYC controls.

    Enforcement

    Korea Launches Multi-Agency Crackdown on Property-Related Loan Misuse

    By Manesh Samtani | 04/07/2025

    Regulators will recall loans and ban future lending for borrowers misusing business funds, as part of a multi-agency household debt clampdown

    AML / KYC

    AUSTRAC Announces Closure of Enforceable Undertaking with Perth Mint

    By Sanday Chongo Kabange | 04/07/2025

    AUSTRAC has closed its enforceable undertaking against Perth Mint but warned of ongoing risks in the bullion sector.

    AML / KYC

    SFC Fines Arta Global Futures and Suspends Ex-Directors for AML Breaches

    By Editors | 04/07/2025

    The SFC has penalised Arta Global Futures and suspended two former senior executives over systemic AML and trading surveillance failures.

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