Enforcement

Enforcement

Macau Regulator Opens Probe into Alleged Fraud at Local Bank

By Mark Johnston | 16/03/2026

The AMCM is investigating a local bank after a lawmaker filed a complaint alleging MOP 208 million in client losses.

Enforcement

India Freezes Over 90 Accounts in IDFC First Bank Fraud Probe

By Editors | 16/03/2026

The case involves the alleged siphoning of government funds through shell firms, bogus billing, and with the assistance of former bank employees.

Enforcement

China Expels Senior Financial Regulator and Bankers in Anti-Graft Push

By Editors | 16/03/2026

A senior official from the NFRA and former executives from ICBC and Bank of Communications face prosecution for corruption.

Capital / Liquidity

Cambodian Bank Suspension Stokes Fears of Deeper Regulatory Issues

By Manesh Samtani | 16/03/2026

APD Bank’s five-day service freeze has drawn analyst scepticism, while Phillip Bank has moved to quell market rumours amid heightened regulatory scrutiny.

Enforcement

Korean Privacy Regulator Fines Lotte Card Over Data Breach

By Mark Johnston | 16/03/2026

The penalty follows a probe that found the firm illegally processed customer data and failed to implement adequate security measures.

AML / KYC

Former Hong Kong Councillor Jailed for Laundering Scam Proceeds

By Sanday Chongo Kabange | 13/03/2026

The conviction for laundering HKD 590,000 highlights the ongoing risks from telephone scams targeting vulnerable individuals in the city.

Enforcement

ASIC Warns Super Funds to Match Governance to Systemic Role

By Sanday Chongo Kabange | 13/03/2026

ASIC official criticises super fund failings in complaints handling and scam prevention, flagging increased enforcement in private credit and member services.

Enforcement

Singapore Court Jails Chinese National over $6.9m Crypto Theft

By Nithya Subramanian | 13/03/2026

Chinese national Zhang Xinghua jailed two years for role in multi-million-dollar SafeX cryptocurrency theft involving insider access and laundering attempts.

Enforcement

Hong Kong Authorities Arrest Eight in Insider Trading, Corruption Probe

By Mark Johnston | 13/03/2026

Joint SFC-ICAC operation targets executives at two brokerages and a hedge fund in a scheme that allegedly netted HKD 315 million from illicitly obtained placement data.