A decade after the collapse of Lehman Brothers, regulators across the United States, Europe, Asia- Pacific and the Middle East have levied over US$26 billion in monetary penalties for anti-money laundering and sanctions violations.
In this paper, we will examine the evolution of financial crime enforcement across Asia-Pacific, drawing on analyses of ten years of AML and KYC fines data. We will also take a deep-dive into the data on a global scale and examine key insights that can be gleaned across all regions as a whole.
- Which APAC regulators have issued the highest fines over the past decade?
- China & Hong Kong in Focus: Why are regulators starting to prioritise AML enforcement?
- The full regulatory fallout from the 1MDB scandal in the Philippines