Enforcement

AML / KYC

Cambodia Prosecute Dozens More Suspects from Scam Compound Raids

By Sanday Chongo Kabange | 23/03/2026

A Phnom Penh court has charged 65 individuals arrested in a 10 March raid on a scam centre. A separate raid on 17 March saw a further 19 arrests.

AML / KYC

Vietnam Charges 83 in Major Online Trading Fraud; Payment Firm's Chair Implicated

By Sanday Chongo Kabange | 23/03/2026

Hanoi police have dismantled a fraudulent trading ring that defrauded investors of over VND 1.2 trillion, charging the chairman of a licensed e-wallet company.

Sanctions

EU Study Calls for New Global Rules to Address Organised Crime Groups

By Manesh Samtani | 23/03/2026

European Parliament report urges the FATF to tackle illicit finance from state-linked criminal groups, highlighting gaps in international law.

Enforcement

RBI Fines HSBC for Lapses in Unclaimed Deposit Compliance

By Nithya Subramanian | 23/03/2026

The penalty relates to the bank's failure to maintain a searchable database and assign reference numbers for unclaimed deposits.

AML / KYC

Global Raid Shuts 373,000 Dark Web Sites Run From China

By Manesh Samtani | 23/03/2026

Chinese national allegedly ran a network offering fraudulent cybercrime services and taking payments in Bitcoin, prompting a 23-country crackdown.

Crypto / Digital Assets

Korea FSS Seeks Bank-Level Powers to Supervise Crypto Exchanges

By Sanday Chongo Kabange | 23/03/2026

The FSS has proposed direct sanctioning powers and stricter operational rules for virtual asset firms in a submission to parliament.

Enforcement

South Korea Cracks Down on Finfluencer Market Abuse

By Mark Johnston | 23/03/2026

Regulators are targeting front-running and rumour-spreading amid heightened market volatility, launching a whistleblower drive and promising stern action.

Enforcement

Australian Court Declares Macquarie Breached Law Over Shield Fund Monitoring

By Sanday Chongo Kabange | 23/03/2026

The court found that Macquarie Investment Management failed to adequately monitor the collapsed Shield Master Fund, but it will avoid a penalty because of compensation paid to investors.

Enforcement

China Sentences ex-President of Bank of Guizhou for Taking $24m in Bribes

By Mark Johnston | 22/03/2026

A Chinese court has handed a suspended death sentence to a former bank president for nearly two decades of bribery, embezzlement and money laundering.