AML / KYC

Australian Banks Call Out Meta for Failing to Tackle Scams

30/01/2025

CBA and Westpac said in parliamentary submissions that Meta is failing to take action to remove scam-related pages and posts on Facebook.

Enforcement

New Zealand Starts Publishing More Data on Banking Complaints

28/01/2025

Kiwibank had the highest number of total cases for the October to December quarter when adjusted for market cap

Securities / Derivatives

TSE Urges Listed Firms to Reduce Lag for English Disclosures

28/01/2025

Listed companies are expected to take “proactive measures” to improve the scope, content and timing of English-language disclosures.

ESG / Sustainability

Bloomberg Philanthropies to Fund UN Climate Body After US Withdrawal

28/01/2025

Bloomberg Philanthropies and other US climate funders will fund the UNFCCC to offset the financial shortfall caused by the US withdrawal

Capital / Liquidity

US Treasury Clearing Mandate Should be Postponed: ISDA

28/01/2025

ISDA says a number of issues remain unresolved and the number of in-scope entities around the world will likely run into the thousands.

Fintech / Regtech

New Zealand to Create New Agency to Draw in Foreign Investment

28/01/2025

Invest New Zealand will serve as the government’s primary point of contact for foreign investors, offering streamlined access to key sectors.

Enforcement

Australian Court Orders Firstmac to Pay A$8m for DDO Breaches

28/01/2025

The court said Firstmac was “objectively reckless”. This is the first civil penalty action against a distributor involving DDO breaches.

Australia, Malaysia Auditors Asked for Input on IFRS Agenda

27/01/2025

Financial reporting professionals in Australia and Malaysia are asked to help inform the IASB’s future work to improve the IFRS.

Fintech / Regtech

ASEAN Ministers Commit to Boosting Digital Security, Cooperation

26/01/2025

Officials at the 5th ASEAN Digital Ministers’ Meeting discussed ongoing work to advance cybersecurity, anti-scam measures, cross-border data flows and AI governance.