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AML / KYC
Malaysia SC, Tax Authority Ink Pact to Tackle Complex Financial Crime
By Sanday Chongo Kabange | 22/12/2025
The agreement between the SC and IRB establishes a framework for information and intelligence sharing to combat evolving threats like market misconduct and tax evasion.

Enforcement
Taiwan Cooperative Bank Fined for Control Lapses After Cash Theft
By Mark Johnston | 22/12/2025
The FSC penalised the state-run lender after procedural violations by an employee resulted in the loss of client funds.

AML / KYC
Hong Kong Suspends eKYC for Pension Platform After Fraud
By Sanday Chongo Kabange | 22/12/2025
Authorities have suspended the digital verification process and launched a multi-agency review after scammers used forged IDs to steal funds via the new eMPF Platform.

Enforcement
Thai Supreme Court Shifts Fraud Liability to Banks
By Mark Johnston | 22/12/2025
The ruling places the burden of proof on financial institutions, but consumer protection is not automatic and requires specific actions.

Enforcement
Interpol Convenes Asian Nations to Forge Anti-Scam Centre Strategy
By Manesh Samtani | 22/12/2025
A five-day meeting brought together Cambodia, Laos, Myanmar and the Philippines to learn from regional experts and develop national strategies against fraud.

Enforcement
India’s NSDL Settles SEBI Probe with $1.74m Payment
By Mark Johnston | 22/12/2025
The NSDL resolved allegations regarding delayed account freezing, vendor contract irregularities and unpaid securities oversight.

AML / KYC
Taiwan Discloses Crypto Holdings Seized from Criminal Cases
By Manesh Samtani | 22/12/2025
Officials confirm the Taiwan government is holding approximately TWD 1.3 billion worth of cryptocurrency seized in criminal cases.

Enforcement
Australia: Macquarie Admits Systemic Short Sale Reporting Failures
By Sanday Chongo Kabange | 19/12/2025
A proposed penalty follows admissions of misleading conduct and systemic failures spanning more than a decade in regulator’s first such case.

Enforcement
Australia Penalises RM Capital for Conflicted Remuneration Breaches
By Sanday Chongo Kabange | 19/12/2025
A Federal Court judgment has provided a stark warning to licensees, criticising RM Capital's poor compliance culture even after its investigation began.

Enforcement
Australia Court Hits ANZ With Record A$ 250m Penalty for Misconduct
By Sanday Chongo Kabange | 19/12/2025
Largest-ever penalty secured by ASIC follows systemic failures in retail banking and unconscionable conduct in government bond deal.
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