Enforcement

Enforcement

Australia's Anti-Scam Framework a 'Missed Opportunity', GASA Says

By Manesh Samtani | 23/12/2025

The Global Anti-Scam Alliance criticises the Treasury's reliance on industry codes and calls for a powerful central anti-scam body.

Securities / Derivatives

China Launches Crackdown on Online Capital Market Misinformation

By Mark Johnston | 23/12/2025

The CAC and the securities regulator are targeting accounts fabricating IPO policies and using AI to generate fake news.

Enforcement

Philippines Widens Asset Freeze in PHP 20.3B Flood Control Probe

By Editors | 23/12/2025

The AML has frozen over 1,100 new bank accounts, bringing the total value of restricted assets to PHP 20.3 billion.

Sanctions

Singapore Police Arrests Superyacht Captain in Prince Group Probe

By Sanday Chongo Kabange | 23/12/2025

The arrestee was the captain of a superyacht owned by Chen Zhi, a Cambodian tycoon who allegedly masterminded one of Asia’s largest transnational criminal organisations.

Securities / Derivatives

FSS Korea Identifies Consumer Protection Deficiencies at Eight FIs

By Mark Johnston | 23/12/2025

The FSS found significant governance gaps across the sector, ordering improvement plans and management interviews for lagging institutions.

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.