Enforcement

Enforcement

China Urges Banks to Tighten Oversight Following Crime Crackdown

By Mark Johnston | 29/12/2025

A joint campaign by the MPS and NFRA dismantled 200 criminal gangs, prompting new warnings for financial institutions on outsourcing risks.

Securities / Derivatives

Korea to Impose 'One-Strike' Rule on Private Equity Funds

By Manesh Samtani | 29/12/2025

The FSC plans stricter oversight, new reporting duties, and a 'one-strike-out' policy to curb short-termism and boost venture capital.

AML / KYC

Singapore Set to Introduce Mandatory Caning for Scam Offences

By Sanday Chongo Kabange | 29/12/2025

New laws effective 30 December will impose mandatory caning for scammers and discretionary caning for money mules to deter surging fraud.

Sanctions

North Korean Operative Laundered Stolen Crypto via Global Banks, US Alleges

By Editors | 28/12/2025

Indictments claim Sim Hyon-sop used a complex network involving brokers and shell companies to evade sanctions and process funds.

AML / KYC

Former Malaysian Prime Minister Handed 15-Year Jail Term in 1MDB Trial

By Sanday Chongo Kabange | 28/12/2025

Najib Razak was convicted on 25 charges of power abuse and money laundering in the massive state fund scandal.

Enforcement

China Jails Ex-Chairman of Largest Property Insurer for Corruption

By Editors | 26/12/2025

The former supervisory board chairman of PICC Property and Casualty Co Ltd has been sentenced to 10.5 years in prison for bribery.

Securities / Derivatives

Philippines Blocks Coinbase, Gemini in Crackdown on Unlicensed Platforms

By Editors | 26/12/2025

Regulators ordered ISPs to block 50 virtual asset providers, while investors reported access issues to brokerage Interactive Brokers.

Securities / Derivatives

India Seeks Global Asset Freeze in Alleged INR 50 bn Forex Fraud

By Editors | 26/12/2025

Authorities have issued an Interpol notice and are coordinating with the FBI and Europol in a probe into unauthorised trading platform OctaFX.

Securities / Derivatives

China Jails Former Zhongzhi Executives in Landmark Shadow Banking Case

By Editors | 26/12/2025

Executives of the bankrupt conglomerate have been jailed, highlighting Beijing's crackdown on risks within the country's shadow banking sector.