Enforcement

Enforcement

China Social Security Fund Vice Chairman Under Graft Probe

By Mark Johnston | 14/04/2026

The investigation is targeting Wang Wenling, a long-serving executive who oversaw securities investments for China’s National Council for Social Security Fund.

Enforcement

Australia Proposes Tougher Penalties for Tax Practitioners After PwC Tax Leaks Scandal

By Sanday Chongo Kabange | 14/04/2026

Treasury releases draft legislation to significantly strengthen the TPB’s powers, introducing criminal penalties and higher fines.

Enforcement

Thailand Seizes Further $260 Million in Major Anti-Scam Crackdown

By Mark Johnston | 14/04/2026

Authorities have now frozen over USD 620 million in assets linked to a transnational cybercrime ring, signalling a major multi-agency regulatory enforcement effort.

Enforcement

Indonesia Orders Banks to Block Over 33,000 Accounts in Gambling Crackdown

By Editors | 14/04/2026

OJK is requiring banks to conduct enhanced due diligence as part of a wider enforcement push against illegal financial activities.

Fintech / Regtech

FSS Korea Proposes Suspension, Fine for Lotte Card Data Breach

By Editors | 13/04/2026

FSS notified Lotte Card of severe proposed sanctions over a significant customer data leak, including a 4.5-month business suspension.

Enforcement

Bithumb Pursuing Legal Action to Recover Assets Lost in BTC Payout Error

By Mark Johnston | 13/04/2026

Some users argue that they have no obligation to return bitcoin that was distributed to them as a result of Bithumb's operational failure.

Enforcement

Sri Lanka Probes Banks After LKR 13.2bn Fraud at NDB

By Editors | 13/04/2026

The central bank is considering an overhaul of industry-wide controls after a major fraud at National Development Bank prompted a multi-agency investigation.

AML / KYC

Indonesia Deploys AML Framework to Tackle Subsidised Fuel Fraud

By Editors | 13/04/2026

PPATK is working with police to trace illicit funds and seize assets in a scheme causing trillions of rupiah in state losses.

Enforcement

India Seizes $1.8m in Assets in Co-operative Bank Fraud Probe

By Editors | 13/04/2026

Enforcement Directorate attaches assets linked to the former chairman of New India Co-operative Bank in a money laundering investigation.