Enforcement

AML / KYC

INTERPOL Calls for APAC Regulatory Overhaul as AI-Driven Fraud Surges

By Sanday Chongo Kabange | 17/03/2026

New report details growing threat from 'Fraud-as-a-Service' and calls for updated KYC/AML rules for virtual asset service providers.

AML / KYC

KoFIU Imposes Six-Month Suspension, KRW 36.8 Billion Fine on Bithumb

By Manesh Samtani | 17/03/2026

The crypto exchange was penalised for millions of AML breaches, including transactions with unregistered overseas virtual asset service providers.

Enforcement

Australian Court Fines Macquarie Unit for Short Sale Reporting Failures

By Sanday Chongo Kabange | 16/03/2026

Macquarie Securities was penalised for decade-long systems and control deficiencies that led to widespread misreporting.

AML / KYC

Cambodia Cabinet Approves Law Targeting Online Scam Centres

By Nithya Subramanian | 16/03/2026

Cambodia proposes legislation imposing heavy prison terms and fines for operators of online scam centres amid growing global fraud and trafficking concerns.

Enforcement

Macau Regulator Opens Probe into Alleged Fraud at Local Bank

By Mark Johnston | 16/03/2026

The AMCM is investigating a local bank after a lawmaker filed a complaint alleging MOP 208 million in client losses.

Enforcement

India Freezes Over 90 Accounts in IDFC First Bank Fraud Probe

By Editors | 16/03/2026

The case involves the alleged siphoning of government funds through shell firms, bogus billing, and with the assistance of former bank employees.

Enforcement

China Expels Senior Financial Regulator and Bankers in Anti-Graft Push

By Editors | 16/03/2026

A senior official from the NFRA and former executives from ICBC and Bank of Communications face prosecution for corruption.

Capital / Liquidity

Cambodian Bank Suspension Stokes Fears of Deeper Regulatory Issues

By Manesh Samtani | 16/03/2026

APD Bank’s five-day service freeze has drawn analyst scepticism, while Phillip Bank has moved to quell market rumours amid heightened regulatory scrutiny.

Enforcement

Korean Privacy Regulator Fines Lotte Card Over Data Breach

By Mark Johnston | 16/03/2026

The penalty follows a probe that found the firm illegally processed customer data and failed to implement adequate security measures.