Enforcement

AML / KYC

Australia: Sydney Lawyer Charged in Major Bank Fraud Investigation

By Sanday Chongo Kabange | 24/04/2026

The arrest highlights a criminal syndicate's alleged infiltration of professional services, prompting wider regulatory scrutiny of mortgage fraud across Australian lenders.

Enforcement

APAC Regulators Join Global Crackdown on Unlawful Finfluencers

By Sanday Chongo Kabange | 24/04/2026

Regulators in Australia, New Zealand, Singapore, Hong Kong and India have joined a 17-nation blitz targeting unlicensed online financial advice.

AML / KYC

US Sanctions Cambodian Banks in Crackdown on Scam Networks

By Manesh Samtani | 24/04/2026

A Cambodian senator, two banks, and dozens of associated entities have been sanctioned for links to cyber-fraud and human trafficking operations.

Enforcement

Hong Kong Imposes Record Fine on PwC Over Evergrande Audit Failures

By Sanday Chongo Kabange | 24/04/2026

Regulators have imposed a record fine, a practice ban, and a landmark shareholder compensation scheme on PwC for "egregious" audit failures at the collapsed developer.

Enforcement

China Removes Senior Financial Regulator Zhou Liang From Post

By Mark Johnston | 24/04/2026

Zhou Liang's removal follows a high-profile corruption investigation launched last month, marking the latest development in Beijing's financial sector corruption crackdown.

Securities / Derivatives

CSRC Proposes Tiered Penalty System for Illegal Share Sales

By Mark Johnston | 23/04/2026

The CSRC has released draft rules that classify violations and set out specific, tiered fines to crack down on irregular disposals by major shareholders.

Enforcement

India’s Fraud Office Summons Auditors in IndusInd Probe

By Nithya Subramanian | 23/04/2026

The investigation into alleged INR 20 billion accounting irregularities now includes major auditors associated with the bank over the past decade.

Enforcement

KoFIU Fines Casino Operator KRW 564 Million for AML Breaches

By Mark Johnston | 23/04/2026

KoFIU has sanctioned Kangwon Land for widespread AML/CFT deficiencies, ordering corrective action and imposing a KRW 564 million fine.

Enforcement

Korea Triples Year-on-Year Fines for Pseudo-Investment Advisers

By Mark Johnston | 22/04/2026

Financial regulators have significantly increased penalties for unlicensed investment advisory firms following a sweep that uncovered widespread misconduct, particularly misleading advertising.