Enforcement

Enforcement

Hong Kong Top Court Reinstates Convictions in Convoy Fraud Case

By Sanday Chongo Kabange | 17/11/2025

Four former executives face restored sentences for a bond placement scheme, as regulators signal tougher oversight in the financial hub.

Enforcement

SFC Fines Tung Tai Securities for Failing to Guard Against Fraud

By Sanday Chongo Kabange | 17/11/2025

The penalty follows a USD 3.3 million fraud where staff acted on bogus emails, ignoring multiple red flags and internal control failures.

Enforcement

India Freezes Assets Linked to Scam Targeting Coinbase Users

By Nithya Subramanian | 17/11/2025

India’s ED has attached INR 217.1 million in assets linked to a Coinbase phishing ring that stole user credentials via spoofed websites.

Enforcement

ASIC Sues Licensee, Research House in Major Super Fund Collapse Probe

By Sanday Chongo Kabange | 15/11/2025

ASIC alleges widespread failures by a licensee, advisers, and a research house in the collapse of two high-risk funds.

Securities / Derivatives

Korea Delays Decision on Penalties for Mis-Selling ELS Products

By Mark Johnston | 15/11/2025

A decision on penalties, potentially in the trillions of won, is pushed back as authorities clarify rules on 'revenue'.

Enforcement

ASIC Targets Private Credit, Insurance in 2026 Enforcement Priorities

By Sanday Chongo Kabange | 15/11/2025

ASIC has unveiled it 2026 priorities focused on poor governance in expanding sectors and cost-of-living pressures amid record enforcement activity.

Enforcement

Singapore Police Arrests Ex-Wirecard Asia Director for Germany

By Nithya Subramanian | 14/11/2025

The arrest was part of coordinated raids across multiple countries targeting a fraud ring that caused more than EUR 300 million in losses through unauthorised credit card transactions.

Enforcement

Korea Boosts Whistleblower Rewards to Tackle Market Abuse

By Sanday Chongo Kabange | 14/11/2025

The SFC has signalled intent to increase its budget for rewards after average payouts for market abuse tip-offs more than doubled.

Fintech / Regtech

China's Capital Controls Fuelling Global Money Laundering Threat, RUSI Finds

By Manesh Samtani | 14/11/2025

A new paper finds Chinese Money Laundering Organisations are a dominant global force, but concludes there is no public evidence of Chinese state direction.