Fintech / Regtech

RBNZ Explores New Techniques for Monitoring Financial Stability

01/08/2024

The RBNZ is exploring the use of news sentiment as an indicator of financial stress, and macroeconomic conditions to forecast future NPLs.

Market Infrastructure

ASIC Proposes Rules for ASX Clearing and Settlement Services

31/07/2024

ASIC is consulting on new rules to facilitate more competitive outcomes in cash equity clearing and settlement services provided by ASX.

Fintech / Regtech

Australian Treasury Publishes Digital and Cyber Security Strategy

31/07/2024

The strategy focuses on four areas to ensure Treasury’s information and systems are secure, resilient, responsive, and fit-for-purpose.

Fintech / Regtech

ACCC to Update Guidance on International Money Transfers

31/07/2024

The proposed changes will help provide further transparency to consumers so they can better compare the costs of international money transfers.

AML / KYC

Westpac, Optus Launch New Anti-scam Capability

31/07/2024

Westpac launched a new in-app calling capability to protect customers from scammers trying to impersonate the bank.

Enforcement

Ex-CITIC Banker Ordered to Disgorge Insider Dealing Profits

31/07/2024

Hong Kong’s Market Misconduct Tribunal also banned the former executive deputy general manager from certain activities for three years.

Enforcement

ANZ Working to Address Conduct Issues With “Urgency”

31/07/2024

ANZ said it has suspended, terminated and issued a formal warning to several employees in its Sydney dealing room.

Fintech / Regtech

BSP Set to Reopen Applications for Digital Bank Licences

30/07/2024

BSP Governor Eli Remolona said a circular would be released “soon” indicating when the application window will be reopened.

ESG / Sustainability

ASX Launches First Environmental Futures Contracts

30/07/2024

Three new environmental futures contracts will allow market participants to price and hedge emissions reduction risks, ASX said.