China has moved from broad, cross-sector AI rules to a dedicated, finance-specific framework that sets out concrete obligations for banks and insurers deploying artificial intelligence. On 18 June 2026, the National Financial Regulatory Administration (NFRA) issued its first comp

Singapore, 3 August 2026… The Monetary Authority of Singapore (MAS) has issued a 6-year Prohibition Order (PO) under the Financial Services and Markets Act 2022 (FSMA) against Ms Lai Mei Lin, a former representative and Unit Manager of Manulife Financial Advisers Pte. Ltd.

Companies will benefit from easier initial public offering (IPO) listings thanks to changes to the rules from the FCA.

The FCA has censured Equity for Growth (Securities) Limited (EFG) for approving financial promotions relating to minibonds that were unfair, unclear and misleading.

Switzerland’s Federal Criminal Court has fined private bank Lombard Odier 3 million Swiss francs ($3.7 million) for failing to prevent money laundering linked to an Uzbek corruption network. The ruling, delivered on July 28, 2026, also saw a former relationship manager receive a

Financial institutions across the UK, Europe and Asia-Pacific are facing mounting pressure to strengthen their anti-money laundering (AML) frameworks, with regulators making clear that current compliance efforts fall short of expectations.

Singapore, 27 July 2026... The Monetary Authority of Singapore ("MAS") has issued a 3-year prohibition order ("PO") under the Financial Services and Markets Act 2022 ("FSMA") against Mr Li Jinbo, a former appointed representative and formerly the Chief Investment Officer ("CIO")

According to the bank and reporting on the settlement, the New York case did not allege that Swedbank itself laundered money. Instead, it focused on two occasions—2016 and 2018—when the bank failed to properly notify the regulator and provide requested documents, and on broader s