Enforcement

Enforcement

China Escalates Anti-Fraud Drive with Bounty List, Mass Myanmar Repatriations

By Mark Johnston | 13/12/2025

Police across multiple Chinese provinces issued arrest notices for key figures accused of recruiting personnel and managing finances for Myanmar fraud operations.

Sanctions

US Busts Network Smuggling AI Chips to China, Hong Kong

By Manesh Samtani | 12/12/2025

The case exposes significant illicit finance and export control compliance risks for firms with exposure to China and Hong Kong supply chains.

Enforcement

China Banker's 10-Year Sentence Signals Heightened Risk for SOEs

By Editors | 12/12/2025

The bribery conviction expands the definition of 'state employee', exposing investment bankers at state-controlled firms to tougher criminal scrutiny.

Enforcement

Hong Kong Regulators Fines EFG Bank for Control Failures

By Sanday Chongo Kabange | 12/12/2025

The SFC has cited EFG Bank for multi-year breaches in product due diligence, record-keeping, and reporting related to hundreds of bond products.

Enforcement

NZ FMA Censures Opes Group for Financial Advice Licence Breaches

By Sanday Chongo Kabange | 12/12/2025

The FMA cited failings in record-keeping, conflict of interest management, and adviser oversight at the property investment firm.

AML / KYC

FATF Praises AML Reforms in New Mutual Evaluation Report for Malaysia

By Manesh Samtani | 12/12/2025

Malaysia is praised for post-1MDB reforms but must now increase convictions and strengthen sanctions under a three-year action plan.

Enforcement

Experts Urge Overhaul of Risk-Based Approach, AML Enforcement

By Manesh Samtani | 12/12/2025

At the Basel AML Index launch, speakers from the Wolfsberg Group and ECB called for better enforcement and a more proportionate risk-based approach.

Enforcement

APRA Imposes Licence Conditions on Super Fund HESTA Over Service Disruption

By Sanday Chongo Kabange | 11/12/2025

The action follows a prolonged outage that harmed members, with the regulator citing governance and risk management failures.

Securities / Derivatives

Philippines SEC Proposes Procedural Overhaul to Speed Up Case Handling

By Sanday Chongo Kabange | 11/12/2025

The proposed changes prioritise electronic filing, limit procedural delays, and expand the regulator's powers to issue cease and desist orders.