Enforcement

AML / KYC

Australian Court Commences Trial Against Star Casino Executives

By Thisanka Siripala | 11/02/2025

The trial will examine whether 10 former executives and directors knowingly allowed money laundering and criminal activity at Star casinos.

Enforcement

APRA Accepts Court Enforceable Undertaking from Cbus

By Sanday Chongo Kabange | 11/02/2025

APRA accepted a CEU from Cbus and simultaneously launched a new probe into the firm for possible SIS Act breaches.

Securities / Derivatives

Tokyo Police Arrest Former Nomura Employee on Fraud Charges

By Thisanka Siripala | 11/02/2025

The former employee offered a false investment story to an elderly customer and defrauded her of JPY 10 million

AML / KYC

Thailand Cuts Electricity, Internet to Myanmar Scam Compounds

By Manesh Samtani | 11/02/2025

Thailand took action because kidnapping risk caused a downturn in tourism from China. Laos has now stepped in to provide electricity to Myanmar.

Enforcement

DOJ Secures Guilty Plea in SEC Case of Social Media Account Hack

By Thisanka Siripala | 10/02/2025

Eric Council Jr admitted to conspiracy to commit aggravated identity theft and access device fraud and is due to be sentenced on 16 May

AML / KYC

Bangladesh: Former Chair of BSEC Arrested, Denied Bail

By Nithya Subramanian | 10/02/2025

Shibli Rubayat Ul Islam allegedly received $361,000 in bribes and was involved in money laundering.

Enforcement

APAC Governments Impose Restrictions on Use of DeepSeek

By Mark Johnston | 10/02/2025

South Korea, India, Australia and Taiwan have imposed restrictions on using DeepSeek on government devices.

Enforcement

Korea FSS Reveals Results of Probe into Shinhan Trading Losses

By Mark Johnston | 10/02/2025

Shinhan Investment Corp, when acting as an ETF liquidity provider, engaged in speculative futures trading and lost KRW 130 billion.

Enforcement

Malaysian Authorities Arrest 10 Foreigners in AML Operation

By Nithya Subramanian | 10/02/2025

Authorities arrested 10 foreign nationals for offering unlicensed money transfer services to Indonesian and Indian customers