Enforcement

Crypto / Digital Assets

Korea Proposes to Ramp Up Penalties for Security Breaches at Crypto Firms

By Mark Johnston | 08/01/2026

Regulators propose punitive fines of up to 10 percent of revenue for security breaches and a bank-led model for won-backed stablecoins under upcoming Phase 2 legislation.

AML / KYC

Malaysian Authorities Intensify 1MDB Asset Recovery Effort: Report

By Nithya Subramanian | 07/01/2026

The government plans to “fast track” civil suits against financial institutions, but will remain “flexible” on settlements.

Enforcement

Singapore Court Jails Director Over Scam-Linked Shell Companies

By Nithya Subramanian | 07/01/2026

A company director has been imprisoned and fined for registering shell firms that were used to fraudulently receive more than USD 210,000 in suspected criminal proceeds from a US-based company.

Enforcement

Hong Kong Jails Ex-HSBC Banker Over Account Opening Bribery Scheme

By Sanday Chongo Kabange | 07/01/2026

The former banker and an intermediary were sentenced to six months' imprisonment for a conspiracy involving over CNY 13,000 in bribes to open accounts.

Enforcement

How a South Sudanese General Regained Control of an Australian Mansion

By Nathan Lynch | 07/01/2026

A court judgment has allowed a South Sudanese PEP to retain control of a multi-million-dollar mansion in Victoria, highlighting the challenges facing the financial intelligence community.

Crypto / Digital Assets

Thai SEC Suspends KuCoin Unit Over Capital Adequacy Breach

By Mark Johnston | 06/01/2026

Thai SEC orders halt to operations after exchange’s capital ratio fell below 60 percent of minimum requirement for five consecutive days.

Crypto / Digital Assets

SFC Fines Saxo Capital Markets Over Virtual Asset Product Control Failures

By Sanday Chongo Kabange | 06/01/2026

The SFC cites multi-year breaches in client suitability, due diligence, and platform controls for products improperly offered to retail investors.

Securities / Derivatives

China to Intensify Campaign Against Corporate Financial Fraud

By Editors | 06/01/2026

The CSRC convened key government bodies to advance a comprehensive system for punishing and preventing corporate financial misconduct.

Securities / Derivatives

CSRC Codifies Enforcement with New Securities, Futures Rules

By Mark Johnston | 05/01/2026

The CSRC releases comprehensive rules standardising regulatory measures, enhancing procedural rights while retaining emergency powers to contain market risks.