Regulations
Regulatory developments, compliance updates, and policy changes in global finance.
RBI Imposes Over ₹27 Crore in Penalties on Indian Banks Across 40 Actions in 2025
India's RBI levied approximately ₹27 crore in fines across 40 enforcement actions against scheduled commercial banks in 2025, with private sector lenders paying nearly double public sector peers.
Italy Enacts Criminal Sanctions for EU Sanctions Violations, Raising Corporate Fines to 5% of Global Turnover
Italy's Legislative Decree No. 211/2025 entered into force on 24 January 2026, criminalising intentional EU sanctions breaches and raising maximum corporate fines to 5% of global turnover.
AUSTRAC Orders External Compliance Audit of Australian Fintech Airwallex Over AML/CTF Concerns
Australia's AUSTRAC has ordered an external audit of Airwallex over suspected AML/CTF control weaknesses, covering customer due diligence and transaction monitoring.
Egypt's Central Bank Fines HSBC Egypt About EGP 1.6 Billion
The Central Bank of Egypt has imposed a fine of about EGP 1.6 billion (roughly $34 million) on HSBC Egypt, which says it is implementing agreed corrective actions.
Hong Kong SFC Fines Saxo Capital Markets HK$4 Million Over Virtual Asset Retail Breaches
Hong Kong's SFC has reprimanded and fined Saxo Capital Markets HK$4 million after the broker distributed 32 virtual asset-related products, including unauthorised virtual asset funds, to 136 clients, 130 of them retail, across 1,446 transactions.
FDIC Publishes November 2025 Enforcement Actions Against Banks and Individuals
The FDIC has released its list of November 2025 enforcement actions: seven orders, including one consent order and two prohibition orders.
CBUAE Revokes Omda Exchange Licence and Imposes AED 10 Million Fine for Regulatory Violations
The Central Bank of the UAE has revoked Omda Exchange's operating licence and imposed a AED 10 million sanction after examinations revealed violations of the Central Bank Law and related regulations.
Federal Court Orders ANZ to Pay A$250 Million in Penalties Across Bond Misconduct, Hardship Failures, and Savings Rate Misrepresentations
Australia's Federal Court has ordered ANZ to pay A$250 million in penalties for bond market misconduct, hardship failures, and false savings rate claims affecting tens of thousands of customers.
RBI Imposes ₹61.95 Lakh Penalty on Kotak Mahindra Bank for BSBD, Business Correspondent, and Credit Reporting Violations
India's RBI has fined Kotak Mahindra Bank ₹61.95 lakh under the Banking Regulation Act and the Credit Information Companies (Regulation) Act for non-compliance with rules on basic savings accounts, business correspondents, and credit reporting.
OCC terminates July 2024 amendment to Citibank's 2020 consent order
The US Office of the Comptroller of the Currency lifted the 2024 resource-review amendment imposed on Citibank N.A., while the underlying October 2020 consent order remains in force.
APRA Imposes A$50 Million Capital Charge on Bendigo and Adelaide Bank Over Risk Management Deficiencies
APRA has imposed a A$50 million operational risk capital charge on Bendigo and Adelaide Bank, effective 1 January 2026, amid a concurrent AUSTRAC enforcement investigation.
APRA Accepts Court Enforceable Undertaking from Netwealth Superannuation Services Over Investment Governance Failures
APRA has bound Netwealth Superannuation Services to a Court Enforceable Undertaking requiring governance remediation, while a separate ASIC undertaking requires Netwealth to pay members more than A$100 million over First Guardian losses.