Enforcement

Enforcement

FATF Issues New Guidance to Improve Asset Recovery Outcomes

By Manesh Samtani | 04/11/2025

The FATF calls for new tools like non-conviction-based confiscation to tackle the massive failure in seizing criminal proceeds.

Enforcement

Korea Forms Task Force to Address Loan Misuse in Property Market

By Mark Johnston | 04/11/2025

New interagency body to launch as financial regulator plans data sharing to block violators from all financial institutions.

Enforcement

KRX Sanctions Two Securities Firms for Suspected Naked Short-selling

By Nithya Subramanian | 04/11/2025

KRX fines Korea Investment & Securities and warns Samsung Securities over suspected naked short-selling, marking the inaugural enforcement action since the launch of NSDS.

Securities / Derivatives

India’s Power Regulator Probes GNA Energy Over Alleged Insider Trading

By Nithya Subramanian | 03/11/2025

The investigation follows SEBI’s findings that GNA Energy officials may have traded on confidential details of a key power market reform before its public announcement.

Enforcement

Singapore Seizes S$150m Linked to Cambodian Tycoon in Fraud Probe

By Nithya Subramanian | 03/11/2025

Singapore police have seized assets tied to Chen Zhi, following a global investigation into a vast money laundering and fraud network connected to forced-labour scam operations in Cambodia.

Enforcement

LME Fines Mizuho Unit $350k for Systemic OTC Reporting Failures

By Mark Johnston | 03/11/2025

The London Metal Exchange penalised the Mizuho unit for failing to report affiliate OTC positions for over two years due to internal control deficiencies.

Enforcement

New Zealand DIA Halts Trust Firm Over 'Serious' AML Failures

By Sanday Chongo Kabange | 03/11/2025

An Auckland trust firm has agreed to cease operations after the regulator found it failed to maintain an AML programme or report suspicious activity.

Securities / Derivatives

ASIC Secures Record 14-Year Sentence for Ponzi Scheme Operator

By Editors | 03/11/2025

A Perth businessman has been jailed over a multi-million-dollar fraud in what ASIC has called one of its most serious investigations.

Sanctions

Korea Eyes Preemptive Account Freezes Amid Cambodia AML Concerns

By Manesh Samtani | 02/11/2025

The move follows criticism over the handling of illicit funds and money laundering risks involving cryptocurrencies and overseas bank branches