Enforcement

AML / KYC

RBI Orders Banks to Compensate Cyber Fraud Victim

By Nithya Subramanian | 26/04/2026

The order follows an INR 229 million "digital arrest" scam, highlighting bank liability for inadequate monitoring of mule accounts used by fraudsters.

AML / KYC

Hyderabad Police Urge RBI to Overhaul Controls on Mule Accounts

By Nithya Subramanian | 25/04/2026

A major police investigation has uncovered systemic KYC failures and alleged staff collusion in the creation of fraudulent accounts.

AML / KYC

Philippines Establishes New Inter-Agency Rules to Enforce POGO Ban

By Sanday Chongo Kabange | 25/04/2026

New inter-agency procedures aim to strengthen enforcement against illegal offshore gaming operators, focusing on asset seizure and financial intelligence.

AML / KYC

Prince Group Executives Used Tokyo Luxury Real Estate - Reports

By Editors | 25/04/2026

Senior executives linked to the sanctioned Cambodian conglomerate purchased luxury Tokyo properties with cash.

Enforcement

China Indicts Former CSRC Anti-Graft Chief for Bribery

By Mark Johnston | 25/04/2026

The case against Wang Huimin, who once led disciplinary inspections at the CSRC, is linked to allegations of accepting bribes in exchange for favours.

Enforcement

Australian Court Dismisses ASIC’s Continuous Disclosure Case Against Nuix

By Editors | 25/04/2026

ASIC has lost its civil penalty proceedings against software company Nuix, with the court dismissing all claims and ordering the regulator to pay costs.

Enforcement

NZ FMA Penalises QEX Logistics, Founder for Financial Reporting Failures

By Sanday Chongo Kabange | 24/04/2026

New Zealand’s FMA has imposed significant civil penalties and a directorship ban for multi-year failures to file audited financial statements.

Crypto / Digital Assets

Philippines SEC Flags Seven Unlicensed Crypto Platforms

By Sanday Chongo Kabange | 24/04/2026

The SEC has warned the public against seven unlicensed online trading platforms, threatening promoters with fines and lengthy prison sentences.

Enforcement

Another Unit of Prudential Japan Being Probed for Misconduct

By Editors | 24/04/2026

Former employees of Gibraltar Life Insurance, part of the Prudential group, are suspected of mishandling customer funds.