Australia

Structural Regulation

ASX Agrees Revised Transformation Plan With ASIC and RBA

By Sanday Chongo Kabange | 03/07/2026

ASX has secured regulatory approval for a revised transformation plan aimed at addressing significant risk and governance failings.

PEPs & Sanctions

New Zealand, Australia Probe Suspected Russia Sanctions Breaches

By Sanday Chongo Kabange | 02/07/2026

Authorities have executed coordinated raids and frozen assets in a trans-Tasman investigation, which centres on the activities of three companies.

Structural Regulation

ASIC Urges Coordinated Action to Bolster Australian Market Competitiveness

By Sanday Chongo Kabange | 02/07/2026

A new report commissioned by ASIC finds Australia risks being left behind as global peers rapidly adopt financial market innovations.

Emerging Prudential Risks

Australia's System Stress Test Reveals Bank-Superannuation Vulnerabilities

By Sanday Chongo Kabange | 02/07/2026

The inaugural test finds Australia’s financial system resilient but highlights concentration risks, mismatched assumptions, and the growing systemic role of superannuation funds.

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.