Enforcement

Enforcement

Australian Court Penalises TerraCom in Landmark Whistleblower Case

By Sanday Chongo Kabange | 28/08/2025

The penalty against the mining resources company is ASIC's first enforcement outcome for contraventions of whistleblower provisions.

Enforcement

South Korea to Toughen Penalties Regime for Accounting Fraud

By Manesh Samtani | 28/08/2025

Regulators plan to raise company fines 1.5-fold and individual penalties 2.5-fold, strengthen audit-interference sanctions and tighten liability rules.

Enforcement

Hong Kong Police Arrest 29 in Anti-Loan Sharking Crackdown

By Sanday Chongo Kabange | 28/08/2025

Since mid-May, four coordinated operations have seen dozens arrested, including minors, for predatory lending and "excessive interest rates".

Enforcement

SFC Reaffirms “Uncompromising” Approach Towards Criminal Syndicates

By Sanday Chongo Kabange | 27/08/2025

SFC Chairman Kelvin Wong outlined a series of enforcement and governance measures aimed at tackling criminal syndicates and safeguarding market integrity.

Enforcement

ASIC Sues Superannuation Trustee Over Shield Master Fund Losses

By Sanday Chongo Kabange | 27/08/2025

ASIC alleges Equity Trustees failed to properly vet the Shield Master Fund before offering it to thousands of members, compromising around AUD 160 million in savings.

Enforcement

SFC Fines HSBC HKD 4.2m for Research Disclosure Breaches

By Sanday Chongo Kabange | 26/08/2025

The SFC cited years of systemic data and control deficiencies that led to thousands of incorrect disclosures in investment research reports.

AML / KYC

De-Banking Demystified: Australian Court Case Highlights AML 'Tightrope Walk' for Banks

By Nathan Lynch | 26/08/2025

An Australian bank’s decision to close the accounts belonging to a Middle Eastern charity has highlighted the need to take a measured approach to “de-banking” decisions.

Securities / Derivatives

New Zealand FMA Warns 'Shadow Insider Trading' May Breach Laws

By Sanday Chongo Kabange | 26/08/2025

The FMA has clarified that using confidential information about one company to trade in a related firm is a conduct risk.

Enforcement

Indian Authorities Uncover $15m Cross-border Cybercrime Scam

By Nithya Subramanian | 26/08/2025

The scam allegedly involved illegal call centres posing as tech support, siphoning money from US victims and routing the money back to India through a network of over 200 bank accounts.