Enforcement

Enforcement

ASIC Issues Stop Orders on La Trobe Credit Fund Products

By Sanday Chongo Kabange | 19/09/2025

ASIC has halted retail investment into three credit products, citing deficient target market determinations under its design and distribution obligations.

Enforcement

FSS Korea Demands CEO Accountability After Lotte Card Data Breach

By Mark Johnston | 19/09/2025

FSS Korea governor warns of “zero-tolerance” and severe penalties for cybersecurity failures following a string of hacking incidents.

Big Picture

Korea to Overhaul Corporate Crime Laws, Ease “Breach of Trust” Penalties

By Mark Johnston | 19/09/2025

The government plans to reform thousands of economic criminal penalties to spur investment and remove “regulatory spider webs” hindering business.

Enforcement

FSS Korea Expands PE Fund Probe, Targeting Pension Fund Links

By Mark Johnston | 19/09/2025

South Korea’s financial regulator is intensifying inspections of private equity fund managers, signalling a new focus on social responsibility.

Enforcement

ASIC Tests Super Trustee Duties in Court Amid Widening Probe

By Editors | 19/09/2025

Regulators are pursuing "landmark" legal action and a wider industry probe following the collapse of high-risk funds.

Enforcement

US Regulator Fines Korea's Shinhan Securities for NYMEX Wash Trades

By Editors | 19/09/2025

The Korean firm will pay a USD 212,500 penalty for executing trades that negated market risk, receiving a reduced fine for cooperation.

Enforcement

China to Prosecute Another Former ICBC President in Corruption Crackdown

By Mark Johnston | 18/09/2025

Xu Jie, former president of ICBC's Henan branch, has been expelled from the Chinese Communist Party as China's anti-graft campaign continues to target high-level finance officials.

Enforcement

Japan 's Nippon Life Uncovers Data Misuse as Regulator Intensifies Scrutiny of Insurers

By Nithya Subramanian | 18/09/2025

An internal review found staff seconded to banks accessed confidential sales information without authorisation, prompting the insurer to take disciplinary action.

AML / KYC

Report Alleges $1.5B Money Laundering Network Linked to Shinawatra Dynasty, KuCoin

By Editors | 18/09/2025

An investigation claims a criminal network connected to former PM Thaksin Shinawatra and crypto firm KuCoin is moving illicit funds from Cambodian scam hubs.