Enforcement

AML / KYC

Financial Crime is Scaling Faster than Institutions Meant to Stop It

By Bradley Maclean | 10/03/2026

Experts at Risk Ready APAC 2026 warn that AI enabled scams are moving faster than legacy compliance and enforcement models can respond.

Enforcement

KoFIU Proposes Six-Month Suspension, CEO Reprimand for Bithumb

By Manesh Samtani | 10/03/2026

KoFIU cites AML failures, including dealings with unregistered overseas crypto platforms, ahead of a final decision expected on 16 March.

AML / KYC

Singapore Police Arrests Capital Asia Directors, Freezes S$160m in AML Probe

By Nithya Subramanian | 10/03/2026

A joint operation by the police and MAS was initiated after receiving information about possible unlawful activities by the company.

Fintech / Regtech

FSS Korea Announces 2026 Work Plan to Combat Financial Crime

By Manesh Samtani | 10/03/2026

FSS details its plan to combat fraud, including potential no-fault liability for financial institutions and enhanced AML supervision.

Enforcement

Global Drug Network Dismantled After Swedish Phone Seizure

By Manesh Samtani | 09/03/2026

An international operation targeting drug trafficking and money laundering has led to 15 arrests, including individuals in Australia and Thailand.

Enforcement

Korea's Only Listed Savings Bank Faces Delisting Review After Embezzlement Scandal

By Sanday Chongo Kabange | 09/03/2026

Trading in Pureun Savings Bank was halted after a former executive allegedly embezzled KRW 9.9 billion, prompting a regulatory probe and raising internal control concerns.

Securities / Derivatives

Korea Regulator Probes Brokerages After Trading Systems Crash

By Mark Johnston | 09/03/2026

Extreme market volatility triggered widespread mobile trading system failures, prompting the FSS to launch a formal inspection into several firms.

AML / KYC

Hong Kong Insurance Authority Fines Three Brokers for AML Breaches

By Sanday Chongo Kabange | 09/03/2026

The action follows an investigation that found deficiencies in customer due diligence and record-keeping, amid heightened regulatory scrutiny of the sector.

Enforcement

NZ Court Fines CBA-Owned ASB Bank for Overcharging Customers

By Sanday Chongo Kabange | 09/03/2026

The court found that prolonged system and process failures led to thousands of customers being overcharged for banking and insurance products.