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.

Vietnam and Australia Deepen Financial Policy Dialogue

01/12/2025

Officials discussed public finance, investment facilitation, and financial market development as part of a bilateral cooperation agreement.

Enforcement

Westpac New Zealand Penalised for Lender Responsibility Breaches

01/12/2025

The penalty, the largest of its kind under New Zealand’s credit act, follows systemic failures in providing legally required loan information.

Securities / Derivatives

Hong Kong SFC Streamlines Post-Authorisation Rules for UCITS Funds

01/12/2025

The SFC has removed prior approval requirements for many scheme changes, aiming to boost efficiency and market competitiveness.

Securities / Derivatives

Australia Passes Omnibus Bill to Amend Beneficial Ownership, Adviser Education Rules

01/12/2025

The wide-ranging law introduces new derivative disclosure rules, fixes a key financial adviser education pathway, and extends small business support.