AML / KYC

Australia Enacts Landmark Ransomware Payment Reporting Law

13/06/2025

Businesses and critical infrastructure operators must report ransomware payments within 72 hours or face civil penalties.

ACCC Clears Allianz Takeover of RAA Insurance

13/06/2025

The ACCC said the deal is unlikely to substantially lessen competition in South Australia’s insurance market.

Enforcement

ASIC Bans ex-Financial Adviser for 10 Years Over Crypto Scam

13/06/2025

ASIC says Rogan misled clients into investing in a fraudulent cryptocurrency platform while posing as a licensed adviser.

Market Infrastructure

ASX to Replace TradeAccept System in 2026

13/06/2025

Most proposals from a March 2025 consultation will proceed as planned. ASX made some technical adjustments to address feedback.

Enforcement

ASIC Sues Australian Unity for Failing to Screen Fund Investors

13/06/2025

ASIC alleges Australian Unity issued fund interests to retail investors without verifying if they were within the product’s defined target market.

Crypto / Digital Assets

Australia: Four Arrested Over Multimillion-Dollar Crypto Laundering Scheme

13/06/2025

Security company used armoured cash transport services and other legitimate businesses to mix illicit and legitimate funds before converting them into crypto.

Securities / Derivatives

Japan’s FSA to Revise REITs Rules to Include Data Centre Equipment

13/06/2025

The rules will allow Japanese REITs to count data centre equipment like cooling systems and backup power as real estate assets.

Enforcement

ASIC Issues Warning Notices to 18 Social Media Finfluencers

13/06/2025

ASIC said the “fincluencers” are suspected of offering unlicensed financial advice and warned it would “take action to enforce the law” if harm is identified.

Fintech / Regtech

Japan FSA Approves Sony Bank PoC to Test DeFi Services Model

12/06/2025

The project will explore whether automated market makers on public blockchains can comply with Japanese KYC and AML rules.