ENFORCEMENT

AML / KYC

Hong Kong Police Arrest Eight Involved in Share Sale Scams

By Editors | 28/06/2025

HK police have arrested eight individuals in connection with two phishing schemes targeting over 130 investors, resulting in HK$46 million in losses.

Crypto / Digital Assets

South Korea Seizes Cryptocurrency from Unregistered Exchanges

By Editors | 27/06/2025

South Korean authorities seized KRW 4.5 billion in cryptocurrency from unregistered exchanges in a crackdown on illicit activities.

AML / KYC

Singapore’s Sheng Siong Tightens $TM Safeguards Over ML Concerns

By Nithya Subramanian | 27/06/2025

Four individuals have been arrested for allegedly exploiting the supermarket chain’s $TM system as part of a money laundering operation.

Enforcement

ICAC Charges Ex-HSBC Bankers with Bribery

By Sanday Chongo Kabange | 27/06/2025

Former HSBC bank employees and intermediaries accept bribes for assisting clients of the intermediaries to open bank accounts.

Enforcement

SEBI Fines BSE for Unequal Information Access and Compliance Lapses

By Nithya Subramanian | 27/06/2025

SEBI said BSE’s systems allowed select clients early access to sensitive information, breaching transparency requirements and undermining market integrity.

AML / KYC

Australia Identifies Scam Victims by Analysing Crypto ATM Transactions

By Sanday Chongo Kabange | 26/06/2025

An Australian law enforcement operation has identified 90 individuals linked to illicit crypto ATM activity, mostly scam victims.

Enforcement

Thailand Cracks Down on Cross-border Scams Linked to Cambodia

By Nithya Subramanian | 25/06/2025

The government is seeking to position Thailand as a regional hub for joint operations to combat scam networks.

AML / KYC

AUSTRAC to Shift Focus to Outcomes Rather Than Compliance

By Thisanka Siripala | 25/06/2025

AUSTRAC will shift its regulatory focus to outcomes and harms, targeting industry sectors where risks are poorly managed, said CEO Brendan Thomas.

Enforcement

South Korean Police Probe Embezzlement Case at Toss Bank

By Sanday Chongo Kabange | 24/06/2025

The embezzlement incident at Toss Bank involved KRW 2 billion. The investigation will be complicated as the suspect “recently passed away”.