Capital / Liquidity

APRA Finalises AT1 Phase-Out Plan, Toughens Bank Capital Rules

04/12/2025

APRA confirms removal of hybrid securities from the capital framework, increasing capital minimums for major banks and altering leverage ratio rules from 2027.

Enforcement

SFC Suspends Tung Tai Securities Executive Over US$3.3m Fraud

04/12/2025

The SFC has suspended a senior manager for neglecting duties that enabled the fraud despite multiple clear warning signs.

EU Grants Equivalence to New Zealand's Benchmark Regime

04/12/2025

The decision ensures continued use of New Zealand benchmarks, including the BKBM, in over EUR 50 billion of EU financial contracts.

Market Infrastructure

Australia Regulators to Unveil Reform Roadmap Focused on Geopolitical, AI Risks

04/12/2025

The Council of Financial Regulators has outlined its priorities for 2026 and plans to release a roadmap this month with over 50 commitments to reduce regulatory burden.

ESG / Sustainability

ASIC Updates Guidance for Industry Codes of Conduct

02/12/2025

ASIC's nNew regulatory guide details criteria for approving financial industry codes, including independent reviews and the role of enforceable provisions.

Fintech / Regtech

Korea Unveils AI Roadmap to Ease Data and Infrastructure Rules

02/12/2025

Roadmap sets out plans to simplify the use of pseudonymised data for AI training and clarify compliance obligations for 'high-impact' systems.

Fintech / Regtech

ASIC Updates Complaints Data Rules to Cover BNPL, Digital Assets

02/12/2025

ASIC has updated its mandatory internal dispute resolution data reporting handbook, adding new categories for emerging financial products and enhancing data validation.

Securities / Derivatives

ASX Suffers Another Outage, Drawing Fresh Scrutiny from Regulators

02/12/2025

A technical failure on the ASX's announcements platform on Monday halted trading in dozens of stocks.

AML / KYC

Australia Consults on Mandatory Anti-Scam Regime for Banks, Digital Platforms

02/12/2025

The government has released draft rules designating sectors and outlining new obligations for preventing, detecting, and responding to scams.