Enforcement

Securities / Derivatives

Sri Lanka: Court Dismisses Corruption Case Against Ex-CBSL Chief

By Manesh Samtani | 11/12/2025

Former CBSL Governor Ajith Nivard Cabraal has been conditionally discharged in a corruption case, conditional upon the repayment of over LKR 1.84 billion.

Enforcement

S. Korea Indicts Ex-Reporter, Securities Staff in Front-Running Case

By Mark Johnston | 11/12/2025

Seoul prosecutors and regulators crack down on market manipulation involving media professionals, seizing assets and pursuing broader investigations.

Enforcement

China's Kangde Xin Fraud Case Puts Financial Firms in Legal Crosshairs

By Editors | 11/12/2025

A CNY 4.1 billion class-action lawsuit against the delisted firm and its advisors tests accountability under China's evolving legal framework.

Enforcement

Australia Taps Super Sector to Cover Compensation Scheme Shortfall

By Sanday Chongo Kabange | 11/12/2025

The government will impose a special levy on super funds and other financial firms, sparking industry backlash over the precedent.

Enforcement

China Executes ex-Huarong Chief in Graft Crackdown

By Mark Johnston | 10/12/2025

Former general manager of distressed asset manager’s offshore unit put to death for accepting bribes exceeding CNY 1.1 billion.

Enforcement

ASIC Sues Diversa Trustees Over First Guardian Super Fund Collapse

By Sanday Chongo Kabange | 10/12/2025

ASIC alleges major due diligence and monitoring failures by the superannuation trustee, seeking penalties and member compensation.

Sanctions

FinCEN Fines Paxful $3.5m for "Egregious" and "Wilful" AML Failures

By Manesh Samtani | 10/12/2025

The peer-to-peer crypto platform had "egregious" AML failures, enabling transactions linked to North Korea, ransomware, and terrorist financing.

Enforcement

CBA Pays Record Penalty for Breaching Consumer Data Right Rules

By Sanday Chongo Kabange | 10/12/2025

The penalty comes after CBA failed to enable data sharing for some business accounts, forcing customers to use less secure workarounds.

Enforcement

Australia Examines Misuse of AI and Exam Cheating by Auditors

By Sanday Chongo Kabange | 09/12/2025

Government officials are reviewing Deloitte's contracts and questioning KPMG over AI's role in exam cheating that was not reported to ASIC.