AML / KYC

AUSTRAC Sues Gaming Giant Mounties Over Alleged AML Breaches

31/07/2025

AUSTRAC alleges systemic non-compliance with AML/CTF laws, highlighting the risks for regulated entities that outsource their compliance programmes.

AML / KYC

Australia to Bring AUSTRAC, ACIC Under Intelligence Oversight Regime

31/07/2025

New legislation introduced to Parliament will extend the remit of national security agencies to the intelligence functions of AUSTRAC and the ACIC.

ESG / Sustainability

ASIC Proposes Major Shakeup of Conflicts of Interest Rules

30/07/2025

ASIC seeks feedback on first update in 20 years, introducing broader scope, new examples and a 'roadmap' of obligations.

ESG / Sustainability

Hong Kong SFC Calls for Rethink of 'Perfunctory' Director Training

30/07/2025

The SFC's Chairman says tailored, group-based training is vital for board performance and to maintain the city's status as a global financial hub.

Australia's FSC Proposes Overhaul of 'Outdated' Financial Advice Licensing

30/07/2025

The FSC has suggested tiered licensing, individual adviser accountability, and stricter capital rules to address rising systemic risks in a fragmented market.

Capital / Liquidity

APRA Proposes Major Changes to Bank Licensing Framework

30/07/2025

APRA is aiming to cut lengthy assessment times and may scrap its pathway for restricted new market entrants.

Securities / Derivatives

ASX Mandates Faster Disclosure of Listing Rule Waivers

30/07/2025

ASX is requiring listed companies to announce details of any waivers received within one business day. A disclosure can be made later if it relates to a confidential issue.

Fintech / Regtech

Philippines Drafts Tiered Capital Rules for Digital-Centric Banks

30/07/2025

The BSP says the new framework links prudential requirements to digitalisation levels, with top-tier banks facing potential mandatory conversion to a digital bank licence.

Enforcement

Banks to Refund Low-Income Customers for "Fee Harm", ASIC Says

30/07/2025

ASIC has directed banks to overhaul product design and migration processes after uncovering widespread excessive fees for vulnerable customers.