Australia

Fraud, Scams & Cybercrime

NAB Calls for National Strategy to Combat Sophisticated Mortgage Fraud

By Sanday Chongo Kabange | 02/07/2026

The bank has exited or suspended several parties amid an industry-wide fraud probe and is now urging a coordinated government and cross-sector response.

Anti-Money Laundering

Australia's 'Tranche 2' AML Reforms Targeting DNFBPs Go Live

By Sanday Chongo Kabange | 01/07/2026

New laws bring lawyers, accountants and real estate agents into the AML/CTF regime, as Australia prepares for its upcoming FATF evaluation.

Conduct, Culture & Accountability

Australian Court Fines Mercer Super A$10.3M for Reporting Failures

By Sanday Chongo Kabange | 01/07/2026

Australia's Federal Court has penalised the superannuation giant for systemic failures in reporting significant breaches and misleading the regulator.

Supervision & Enforcement

ASIC Warns Super Trustees Over 'Persistent Failures'

By Sanday Chongo Kabange | 01/07/2026

ASIC is calling for immediate action to protect retirement savings after uncovering gaps in how platform trustees monitor risks.

Credit Risk

APRA Proposes Targeted Easing of Bank Credit Risk Capital Rules

By Sanday Chongo Kabange | 01/07/2026

APRA is consulting on lowering risk weights for infrastructure, unrated corporates, and property development to support productive lending.

Structural Regulation

Firms Increasingly Plan Expansion in APAC, but Selectively, ASIFMA Finds

By Manesh Samtani | 30/06/2026

New report finds two-thirds of firms plan to expand in APAC, prioritising markets with regulatory clarity and established infrastructure.

Structural Regulation

ASX Shifts to Risk-Based Supervision in Market Integrity Push

By Sanday Chongo Kabange | 30/06/2026

ASX has detailed its new proactive supervisory approach, flagging key focus areas and a move towards post-release monitoring.

Supervision & Enforcement

Australia Sues Debt Collector Over Alleged Misleading Conduct

By Sanday Chongo Kabange | 30/06/2026

The ACCC has launched legal action against two subsidiaries of Credit Clear, alleging they sent over 320,000 misleading debt notices.

Cybersecurity

Post-Quantum Push Exposes Widening Gap Between Regulators and FIs

By Blake Evans-Pritchard | 30/06/2026

Despite accelerating cryptography timelines, many APAC entities still treat quantum risk as a distant concern.