Enforcement

AML / KYC

Australian Banks Exit 1,000+ Customers in Illicit Tobacco Crackdown

By Sanday Chongo Kabange | 15/04/2026

AUSTRAC reports significant results from a targeted crackdown on illicit tobacco financing, with banks filing hundreds of suspicious matter reports.

Enforcement

China Levels Playing Field in New Anti-Graft Rules

By Mark Johnston | 15/04/2026

A new judicial interpretation targets new forms of corruption and, crucially, aligns criminal standards for private sector and public sector graft.

Enforcement

Singapore Jails Former Broker for S$15m Investment Fraud

By Nithya Subramanian | 14/04/2026

A former UOB Kay Hian dealer has been sentenced for a multi-year fraud that solicited funds from investors by falsely implicating the brokerage.

Enforcement

China Social Security Fund Vice Chairman Under Graft Probe

By Mark Johnston | 14/04/2026

The investigation is targeting Wang Wenling, a long-serving executive who oversaw securities investments for China’s National Council for Social Security Fund.

Enforcement

Australia Proposes Tougher Penalties for Tax Practitioners After PwC Tax Leaks Scandal

By Sanday Chongo Kabange | 14/04/2026

Treasury releases draft legislation to significantly strengthen the TPB’s powers, introducing criminal penalties and higher fines.

Enforcement

Thailand Seizes Further $260 Million in Major Anti-Scam Crackdown

By Mark Johnston | 14/04/2026

Authorities have now frozen over USD 620 million in assets linked to a transnational cybercrime ring, signalling a major multi-agency regulatory enforcement effort.

Enforcement

Indonesia Orders Banks to Block Over 33,000 Accounts in Gambling Crackdown

By Editors | 14/04/2026

OJK is requiring banks to conduct enhanced due diligence as part of a wider enforcement push against illegal financial activities.

Fintech / Regtech

FSS Korea Proposes Suspension, Fine for Lotte Card Data Breach

By Editors | 13/04/2026

FSS notified Lotte Card of severe proposed sanctions over a significant customer data leak, including a 4.5-month business suspension.

Enforcement

Bithumb Pursuing Legal Action to Recover Assets Lost in BTC Payout Error

By Mark Johnston | 13/04/2026

Some users argue that they have no obligation to return bitcoin that was distributed to them as a result of Bithumb's operational failure.