Enforcement

AML / KYC

Singapore Blacklists Eight Firms in Money Laundering Probe

By Nithya Subramanian | 04/12/2025

The eight firms are linked to fugitives Su Binghai and Xu Haika, who evaded capture after the 'billion-dollar money laundering case' came to light in 2023.

Securities / Derivatives

Thailand Freezes Over $300M in Assets Linked to Transnational Scam Groups

By Manesh Samtani | 04/12/2025

The action targeted securities and bank accounts linked to several interconnected networks, including Cambodia's Prince Group.

Enforcement

SFC Suspends Tung Tai Securities Executive Over US$3.3m Fraud

By Sanday Chongo Kabange | 04/12/2025

The SFC has suspended a senior manager for neglecting duties that enabled the fraud despite multiple clear warning signs.

Enforcement

Vietnam’s SSC Fines Three Firms for Bond Disclosure Violations

By Nithya Subramanian | 04/12/2025

The SSC has issued fresh penalties against Lucky House Investment Services, No Va Thao Dien and No Va Land Group for false or delayed disclosures related to private bond issuances.

Enforcement

Bursa Malaysia Strikes Off Two Remisiers for Misconduct

By Nithya Subramanian | 04/12/2025

Bursa Malaysia has fined and removed two dealers’ representatives from its register for conflicts of interest and, in one case, manipulative trading.

Enforcement

Singapore Charges Company Founder for Cheating Digital Finance Firm

By Nithya Subramanian | 04/12/2025

The Singaporean businessman was deported from China and charged in court with cheating Funding Societies of SGD 8 million.

Enforcement

China Hands Suspended Death Sentence to Former Regulator, Former Bank President

By Mark Johnston | 04/12/2025

Top judicial bodies warn of severe punishment when damage from corrupt practices to the state and public interest is exceptionally grave.

Fintech / Regtech

Korea Tightens AML Framework to Target Crypto, Transnational Crime

By Manesh Samtani | 03/12/2025

Regulator to expand crypto travel rule, freeze suspect accounts, and extend AML duties to lawyers and accountants in a broad crackdown.

Securities / Derivatives

Korea Proposes Record Penalties for ELS Mis-selling by Banks

By Mark Johnston | 03/12/2025

The FSS has notified five banks of record penalties totalling KRW 2 trillion over mis-sold derivatives, threatening capital ratios.