Enforcement

Crypto / Digital Assets

Korea's Upbit Halts Services After USD 31M Crypto Hack

By Manesh Samtani | 28/11/2025

The breach occurred a day after a major acquisition deal was announced, prompting an on-site inspection by financial authorities.

Sanctions

Hong Kong Licensed Lender Linked To Sanctioned Prince Group – Report

By Sanday Chongo Kabange | 27/11/2025

An associate of sanctioned Prince Group's Chen Zhi is tied to a licensed money lender that holds a mortgage over shares in a Hong Kong-listed firm.

Enforcement

FSS Korea Proposes “Severe” Sanctions on MBK Partners

By Mark Johnston | 27/11/2025

The FSS alleges the private equity firm harmed pension fund interests, sparking debate over regulatory overreach and fund governance.

AML / KYC

Singapore Court Allows $2.7bn 1MDB Suit Against StanChart to Proceed

By Nithya Subramanian | 27/11/2025

Liquidators can move forward with a major claim accusing Standard Chartered of enabling illicit transfers tied to the 1MDB scandal.

Securities / Derivatives

South Korean Authorities to Step Up Crackdown on Market Abuse

By Nithya Subramanian | 26/11/2025

The new person-based monitoring and a joint taskforce are already disrupting major stock manipulation schemes as Korea implements its “one-strike-out” approach.

Enforcement

Australia Court Orders Cbus to Pay Hefty Fine Over 'Serious' Claims Failures

By Sanday Chongo Kabange | 26/11/2025

The Federal Court ordered Cbus to pay a AUD 23.5 million penalty for “serious failures” to handle insurance claims in a case brought by ASIC.

AML / KYC

Korea Tightens AML Requirements to Combat Transnational Crime

By Mark Johnston | 26/11/2025

FIs are directed to strengthen oversight over offshore units, and KoFIU is introducing a mass suspicious transaction reporting mechanism.

AML / KYC

Singapore Widens Probe into Prince Group, Raids Car Leasing Firm

By Nithya Subramanian | 26/11/2025

Authorities have expanded a money-laundering investigation linked to Cambodian tycoon Chen Zhi, targeting a local car-leasing firm in new raids and arrests.

Enforcement

China Prosecutes Former Top CSRC Official on Bribery Charges

By Mark Johnston | 26/11/2025

Wang Huimin, previously the top graft-buster at the CSRC, faces prosecution for allegedly taking bribes to manipulate IPOs and private placements.