Enforcement

AML / KYC

FINMA Fines Julius Baer Over High-Risk Client Breaches

By Nithya Subramanian | 21/05/2025

Julius Baer has been fined CHF 4m over AML failures linked to high-risk clients in India, Singapore, and other branches.

Enforcement

Bangladesh to Establish Fund for Recovered Laundered Money

By Mark Johnston | 21/05/2025

Bangladesh is taking steps to recover laundered funds, with plans to allocate the money to affected banks and the nation’s poor.

Enforcement

China NFRA Standardises Administrative Inspections of FIs

By Editors | 20/05/2025

The NFRA will establish a dedicated online platform to disclose information about administrative inspections to enhance transparency and public oversight.

Crypto / Digital Assets

US DOJ to Investigate India-linked Cyberattack at Coinbase

By Nithya Subramanian | 20/05/2025

The attackers used Coinbase employees and contractors based in India to obtain customer data, which they used to scam customers.

Enforcement

Court Dismisses Challenge to Malaysia’s Insider Trading Law

By Nithya Subramanian | 20/05/2025

The High Court dismissed a civil suit by a former company executive who challenged the constitutionality of Malaysia’s insider trading law.

Enforcement

Taiwan FSC Probes Financial Firms Over ETF Sales

By Editors | 19/05/2025

Taiwan’s FSC investigates 20 firms over allegations that they put excessive pressure on staff to meet sales quotas.

Enforcement

SEBI Investigates Jane Street in Market Manipulation Case

By Nithya Subramanian | 19/05/2025

SEBI is investigating Jane Street’s India and Singapore arms following complaints from fund managers about its trading strategies.

Enforcement

Former TSE Employee and Father Sentenced in Insider Trading Case

By Mark Johnston | 19/05/2025

Both were sentenced to 18 months’ imprisonment, suspended for three years, and fined after being convicted of insider trading.

Enforcement

AUSTRAC Fines Cointree for Late Suspicious Transaction Reports

By Mark Johnston | 18/05/2025

Crypto exchange penalised for failing to submit SMRs on time on four occasions. AUSTRAC CEO said timely reporting is critical.