KYC & CDD

Indonesia Earmarks IDR 11 Trillion for Mass Bank Account Programme

15/09/2026

The government plans to open 200 million new bank accounts from October to boost financial inclusion, but regulators are stressing the need for oversight.

PEPs & Sanctions

Cambodia Revokes Licence of UK-Sanctioned Payment Firm

15/09/2026

The NBC has withdrawn the licence of a payment services provider sanctioned by the UK for its alleged links to illicit activities.

Conduct, Culture & Accountability

Australia Tribunal Affirms Five-Year Ban for Adviser in Flawed Model

15/09/2026

Australia’s Administrative Review Tribunal has upheld a five-year ban on a financial adviser, reinforcing that personal obligations cannot be outsourced to unlicensed third parties.

Anti-Bribery & Corruption

Former Swiss Banking Chief Convicted in CHF 82 Million Bribery Scheme

15/09/2026

Pierre Mirabaud, ex-head of the Swiss Bankers Association, received a suspended sentence for bribing a Kuwaiti official to secure client funds for his family’s bank.

Supervision & Enforcement

Hong Kong SFC Bans Ex-Sun Hung Kai Rep for 42 Months

15/09/2026

The SFC has banned a former licensed representative for unauthorised discretionary trading and providing false account information.

PEPs & Sanctions

UK Leads Coordinated Sanctions on Israeli Settlements

15/09/2026

The new regime will ban imports from illegal settlements and prohibit UK firms from providing services, including financing, that support them.

Clearing & Post-Trade

Hong Kong and Uzbekistan Formalise Gold Market Co-operation

14/09/2026

The agreement, signed at the Belt and Road Summit, provides a framework to connect Hong Kong’s financial infrastructure with Uzbekistan’s resources.

Credit Risk

South Korea Uncovers KRW 389bn in Misused Business Loans

14/09/2026

Financial institutions are under pressure to tighten internal controls after regulators found over a thousand instances of business loans being diverted for property purchases.

Fraud, Scams & Cybercrime

Radiant World Case Puts Spotlight on Singapore’s Trade Finance Defences

14/09/2026

Fraud allegations against iron ore trader Radiant World are reportedly raising questions about the effectiveness of industry controls.