Enforcement

Enforcement

Hong Kong SFC Secures First Jail Sentence for Finfluencer

By Sanday Chongo Kabange | 10/11/2025

A financial influencer has been imprisoned for six weeks for providing unlicensed investment advice on a paid Telegram group.

AML / KYC

Mining the Blockchain: Lessons from the Prince Group Laundering Case

By Nathan Lynch | 10/11/2025

The US DOJ’s case against Chen Zhi, chairman of Cambodian-headquartered Prince Group, has provided a unique window into the role of cryptocurrency in modern money laundering schemes.

Enforcement

India’s Serious Fraud Office to Investigate Anil Ambani’s Reliance Group

By Nithya Subramanian | 07/11/2025

The Ministry of Corporate Affairs has handed a probe into alleged fund diversion to the Serious Fraud Investigation Office after signs of possible Companies Act violations.

AML / KYC

Thailand to Launch Data Bureau to Combat Illicit Finance

By Sanday Chongo Kabange | 07/11/2025

New multi-agency body will centralise financial data by December as government declares 'war on scammers'.

Enforcement

FSC Korea Fines Upbit Operator Dunamu for AML Breaches

By Manesh Samtani | 07/11/2025

The fine follows the discovery of millions of customer due diligence and transaction restriction failures at Korea's largest crypto exchange.

Securities / Derivatives

India’s NSE Sets Aside $156m to Resolve Pending SEBI Cases

By Nithya Subramanian | 07/11/2025

NSE has earmarked the funds to settle long-pending regulatory cases with SEBI, in preparation for its long-awaited IPO.

Enforcement

ASIC Review Finds Widespread Failings in Australian SMSF Advice

By Sanday Chongo Kabange | 07/11/2025

A risk-based review by ASIC found 62 percent of advice files failed the best interests duty, prompting warnings of enforcement action.

Crypto / Digital Assets

FSC Korea Reports Suspects for Virtual Asset Price Manipulation

By Mark Johnston | 07/11/2025

Regulator details the alleged use of high-value trades and automated programmes to inflate virtual asset prices.

Enforcement

Japan FSA Orders Iwaki Shinkumi Bank to Improve Governance

By Nithya Subramanian | 07/11/2025

The FSA has issued a business improvement order against Iwaki Shinkumi Bank after uncovering serious compliance lapses, fraudulent lending and links to anti-social forces.