Enforcement

AML / KYC

Philippines Probes Crypto Laundering in Flood Control Corruption Case

By Manesh Samtani | 02/12/2025

Officials say illicit funds are being moved offshore via stablecoins, as an inter-agency task force works to recover assets from the corruption scandal.

Fintech / Regtech

Korea FSS Issued Stern Warning to Upbit Over Crypto Hack

By Manesh Samtani | 02/12/2025

The regulator signalled it would take strong measures in response to the $30 million theft at Upbit linked to North Korean actors.

Securities / Derivatives

ASX Suffers Another Outage, Drawing Fresh Scrutiny from Regulators

By Sanday Chongo Kabange | 02/12/2025

A technical failure on the ASX's announcements platform on Monday halted trading in dozens of stocks.

Enforcement

Japan Makes First Arrests in $4.6b Securities Hijacking Probe

By Mark Johnston | 02/12/2025

Authorities apprehend two suspects linked to a market manipulation scheme involving hijacked online accounts and record-breaking fraudulent trading volumes.

Enforcement

Crypto 'Nesting' Case Exposes Gaps in Global AML Oversight

By Manesh Samtani | 02/12/2025

A European fraud investigation has revealed how nested crypto exchanges and complex offshore structures can obscure illicit funds, presenting challenges for regulators.

AML / KYC

Bendigo Bank Uncovers Systemic AML/CTF Deficiencies

By Editors | 01/12/2025

An independent review found widespread weaknesses in risk management, prompting a fully funded overhaul with unknown costs and regulatory scrutiny.

Enforcement

Westpac New Zealand Penalised for Lender Responsibility Breaches

By Sanday Chongo Kabange | 01/12/2025

The penalty, the largest of its kind under New Zealand’s credit act, follows systemic failures in providing legally required loan information.

Crypto / Digital Assets

INTERPOL Targets Illicit Finance, Scam Centres in New Global Strategy

By Manesh Samtani | 01/12/2025

Global police body unanimously approves five-year plan with new tools to trace criminal assets and disrupt human trafficking-fuelled fraud.

Enforcement

Thailand PDPC Orders Sam Altman’s World to Halt Iris Scanning

By Nithya Subramanian | 01/12/2025

The data protection watchdog has ordered World to delete 1.2 million iris scans, concluding that trading biometric data for crypto breached the law.