Enforcement

AML / KYC

Philippines Freezes Assets in Widening Flood Control Corruption Probe

By Editors | 17/09/2025

A court has frozen 135 bank accounts as regulators deploy a new anti-scam law and probe alleged large-scale money laundering through casinos.

Enforcement

Hong Kong SFC Imposes Five Year Ban on Former Citi Executive

By Sanday Chongo Kabange | 17/09/2025

The SFC says Richard Heyes is responsible for a decade of serious internal control failures and dishonest practices in Citigroup Global Markets' Asia equities business.

Capital / Liquidity

Singapore Court Addresses 'Absolute Discretion' in Loan Agreements

By Manesh Samtani | 16/09/2025

A High Court ruling implies a duty of good faith, meaning banks should be able to justify discretionary actions and avoid arbitrary decisions.

AML / KYC

ASEAN Attorneys General Launch Regional Pact on Transnational Crime

By Nithya Subramanian | 16/09/2025

The Sanur Bali Declaration creates a new regional forum to strengthen cooperation against transnational crime, including scams, money laundering and asset smuggling.

AML / KYC

Sri Lanka Police Inaugurates New Bureau to Handle Complex Criminal Cases

By Nithya Subramanian | 16/09/2025

The CCIB will handle complex and high-priority cases such as those involving illegal asset investigations, organised crime, and cybercrime.

Enforcement

ANZ Agrees to A$240m Penalty for ‘Widespread Misconduct’

By Sanday Chongo Kabange | 15/09/2025

ASIC has detailed "grubby" and unconscionable conduct by ANZ in a government bond deal and multiple "disappointing" retail failures.

Fintech / Regtech

Vietnam Investigates Major Cyberattack on National Credit Information Center

By Mark Johnston | 13/09/2025

Regulators launch investigation after hackers claim to have stolen data on most of the population; financial institutions told to review cybersecurity standards.

AML / KYC

Philippines AMLC to Probe Casinos Over Officials' Laundering Scheme

By Editors | 12/09/2025

Investigation follows a senator's allegations that former public works officials laundered nearly PHP 1 billion through at least 13 gaming venues.

AML / KYC

AUSTRAC’s Retreat in Entain Case Highlights Complexity of Compliance

By Nathan Lynch | 12/09/2025

AUSTRAC’s rare retreat in the Entain civil enforcement action highlights the AML/CTF Act’s complexity, writes Nathan Lynch.