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Sanctions
US Attacks on Iran Pose Complex Challenges for Compliance Teams
By Nathan Lynch | 08/07/2025
The escalating hostility between the US and Iran has heightened the pressure on global financial institutions to combat terrorist financing.
ESG / Sustainability
Australian Taxonomy Success Depends on Next Steps
By Blake Evans-Pritchard | 08/07/2025
Policy support, investor engagement and transition plans are key to bringing fresh capital in, writes Blake Evans-Pritchard.
Enforcement
Australian Federal Court Dismisses ASIC Misleading Disclosures Case
By Editors | 07/07/2025
A Federal Court judge has cleared four TerraCom officers of misleading the market, delivering a sharp critique of ASIC's case.
Enforcement
ASIC Bans Former Financial Advisor Over ‘Fees For No Service’
By Sanday Chongo Kabange | 07/07/2025
ASIC has banned former Lighthouse Partners' director Kiriley Roper for 10 years for obtaining client fees despite not providing a service.
AML / KYC
AUSTRAC Announces Closure of Enforceable Undertaking with Perth Mint
By Sanday Chongo Kabange | 04/07/2025
AUSTRAC has closed its enforceable undertaking against Perth Mint but warned of ongoing risks in the bullion sector.
Fintech / Regtech
ASX Taps Fujitsu, TSE to Build New ETF Trading Platform
By Editors | 04/07/2025
ASX is partnering with Fujitsu and the Tokyo Stock Exchange to develop a new ETF trading platform.
AML / KYC
AUSTRAC Orders External Audit of Western Union Over “Core” AML Issues
By Sanday Chongo Kabange | 04/07/2025
AUSTRAC’s concerns are “core anti-money laundering issues” and whether Western Union’s AML/CTF programme is functional.
AML / KYC
ASIC Issues Warning on ‘High-Pressure’ Sales Tactics in Super Sector
By Sanday Chongo Kabange | 03/07/2025
ASIC’s warning comes amid rising cases of retirement savings into “complex and risky schemes”.
Enforcement
Australia: Ex-Wealth Manager Held in Contempt of Court
By Sanday Chongo Kabange | 03/07/2025
Joshua Fuoco will never be allowed to be involved in financial services or credit activities, following an undertaking he gave to the Federal Court.
AML / KYC
New Zealand FMA Issues Warning to Investors on Crypto Risks
By Sanday Chongo Kabange | 03/07/2025
The FMA warned that the most common crypto scams are related to fake online crypto investment platforms.
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