AML / KYC

FATF Annual Report Highlights Crypto Loopholes as Key Threat

07/02/2025

Six years after the FATF strengthened its virtual asset standards, 97 out of 130 jurisdictions are still not fully compliant.

Fintech / Regtech

Australia Consults on Regulations for New BNPL Regime

07/02/2025

The consultation covers fee caps and inquiries that must be made about a consumer’s financial situation, among other things.

AML / KYC

Australian Super Advocacy Body Defends Anti-Scam Measures

06/02/2025

ASFA CEO Mary Delahunty says ASIC fails to acknowledge the proactive measures taken by the superannuation sector to tackle scams.

Crypto / Digital Assets

US SEC Sets Out Priorities of New Crypto Task Force

06/02/2025

The priorities include clarifying how crypto assets are classified, providing clearer pathways for registration, and updating regulations for custodians

ESG / Sustainability

IFRS Foundation Publishes Guide on Using ISSB Transition Relief

06/02/2025

The guide explains which parts of IFRS S1 apply when a company is only reporting climate-related disclosures under IFRS S2

Fintech / Regtech

BIS Paper Offers Guidance on AI Governance in Central Banking

06/02/2025

The report recommends that central banks integrate AI oversight into existing risk management frameworks and processes such as the 3LoD model.

Crypto / Digital Assets

US President Orders Creation of Sovereign Wealth Fund

06/02/2025

Analysts have speculated that the fund could be used to buy and hold digital assets, or to acquire a stake in Chinese-owned TikTok

Enforcement

Casino Operator SkyCity Settles Australian Tax Probe for A$38m

06/02/2025

The dispute stemmed from uncertainty regarding how customer loyalty points used in gaming machines should be taxed.

ESG / Sustainability

Japan FSA Tightens Shareholding Disclosure Requirements

05/02/2025

The rules will require companies to disclose more detailed information in annual securities reports regarding changes to the purpose for holding shares