Enforcement

Enforcement

Vietnam Uncovers Widespread Bank, Corporate Bond Violations

By Mark Johnston | 23/10/2025

A government probe into misuse of funds and disclosure failures at banks and property firms sparks market turmoil and policy reforms.

Enforcement

ASIC Bans Another MWL Adviser Linked to Shield Controversy

By Sanday Chongo Kabange | 22/10/2025

ASIC has banned Wade Spooner for eight years over advice linked to the collapsed Shield Master Fund, which has pushed MWL Financial Group into administration.

Securities / Derivatives

South Korea Court Clears Kakao Founder of Stock Manipulation

By Editors | 22/10/2025

The acquittal removes a key regulatory threat to Kakao’s banking licence and allows the tech giant to refocus on its AI-driven overhaul.

Enforcement

Korean Regulators Draw Fire Over “Lenient” Penalties for Proxy Trading Breaches

By Mark Johnston | 22/10/2025

FSS data reveals 56 staff proxy trading cases worth billions of won, but zero criminal charges filed, prompting calls for reform.

Securities / Derivatives

SFC Chairman Vows Balanced Regulation Amid Governance, Digital Asset Risks

By Manesh Samtani | 22/10/2025

Chairman Kelvin Wong highlighted a focus on issuer quality and digital asset innovation while warning of rising financial scams.

Enforcement

FSS Korea Launches Major Probe Into Mis-selling, "Incomplete Sales"

By Mark Johnston | 21/10/2025

The FSS launched inspections are several prominent financial firms after a fund invested in Belgian property lost KRW 90 billion for investors.

AML / KYC

Philippine Business Groups Call for Reforms to Bank Secrecy Laws

By Editors | 21/10/2025

A coalition of six major business groups urged lawmakers to grant the BSP's examination powers to fight corruption.

Enforcement

Hong Kong SFC Fines UBS HK$8m for Investor Classification Failures

By Sanday Chongo Kabange | 21/10/2025

The penalty relates to a 12-year systems failure that led to securities lending and the sale of complex products to ineligible clients.

Crypto / Digital Assets

Australia Targets Financial Crime With New National Security Doctrine

By Nathan Lynch | 20/10/2025

Minister Tony Burke has unveiled a new security doctrine to combat ‘converged’ threats, including new measures to target crypto ATMs and money mules.