Enforcement

Sanctions

Cambodia Extradites Former Huione Chairman to China to Face Charges

By Manesh Samtani | 02/04/2026

Li Xiong, described as a "core backbone member" of Chen Zhi's syndicate, has been extradited to China amid allegations of money laundering and fraud.

Enforcement

China Prosecutes Former Top Securities Regulator for Bribery

By Mark Johnston | 02/04/2026

The move against a former CSRC vice chairman Wang Jianjun is part of a wider anti-corruption campaign targeting China's financial regulatory bodies and IPO approval process.

Trending

Cambodia Passes Landmark Anti-Scam Law with Life Sentences

By Manesh Samtani | 02/04/2026

The new legislation introduces severe penalties for operators of online fraud centres in a bid to dismantle the country's cross-border scam industry.

Fintech / Regtech

Korea PIPC to Inspect Financial Firms on Resident ID Handling

By Editors | 02/04/2026

The move follows recent sanctions against Lotte Card and will focus on the excessive collection of personal data.

Fintech / Regtech

BNM Fines Bank Rakyat MYR 1 Million for Cybersecurity Breaches

By Editors | 02/04/2026

The penalty was imposed for inadequate controls and incident response following a 2024 cyberattack that led to unauthorised system access.

AML / KYC

OFAC Warns FIs on Sanctions Evasion Via Sham Transactions

By Manesh Samtani | 01/04/2026

OFAC has issued an advisory detailing red flags and compliance considerations for identifying transactions designed to obscure sanctioned ownership.

Enforcement

APRA Imposes Licence Conditions on Super Trustee Fiducian

By Editors | 01/04/2026

APRA has mandated independent reviews and remediation after identifying significant weaknesses in Fiducian's investment and board governance.

Enforcement

Singapore Extradites Ex-Wirecard Exec to Face Fraud Charges in Germany

By Manesh Samtani | 01/04/2026

The move follows an international operation targeting a multi-million euro fraud ring that exploited the collapsed German payments firm for money laundering.

Sanctions

FinCEN Proposes Rule to Formalise Whistleblower Payouts

By Manesh Samtani | 31/03/2026

The proposed rule would offer awards to whistleblowers, including non-US persons, for tips on financial crime if they result in successful enforcement actions.