Australia

Capital / Liquidity

APRA Imposes AUD 2 Million Capital Add-on on Sovereign Insurance

By Sanday Chongo Kabange | 08/04/2026

The capital charge was imposed to address serious deficiencies in its risk management, operational risk, and regulatory reporting frameworks.

ESG / Sustainability

ASIC, AASB to Provide Firms Additional Support on Climate Reporting

By Sanday Chongo Kabange | 08/04/2026

Australian regulators will hold free, in-person workshops to help smaller and mid-size companies prepare for mandatory sustainability disclosure requirements commencing from July 2026.

Crypto / Digital Assets

ASIC Bans Crypto Fund Director for Maximum Five-Year Period

By Sanday Chongo Kabange | 04/04/2026

ASIC has disqualified the director of three failed cryptocurrency firms for serious misconduct, including operating without a financial services licence.

AML / KYC

AUSTRAC Orders AML/CTF Audit of Payments Firm mHITs

By Sanday Chongo Kabange | 03/04/2026

AUSTRAC has ordered an external audit of mHITs Limited amid concerns its transaction monitoring is failing to manage serious risks, including child exploitation financing.

Capital / Liquidity

APRA Consults on Liquidity Treatment of Settlement Deposits

By Sanday Chongo Kabange | 03/04/2026

APRA aims to clarify that deposits encumbered with settlement service providers cannot be counted towards minimum liquidity holdings for certain banks.

Capital / Liquidity

ISDA Urges Regulatory Action on Australian Super Fund Liquidity Risks

By Sanday Chongo Kabange | 03/04/2026

New report details escalating liquidity risks in Australia’s AUD 4.5 trillion superannuation sector, calling for urgent policy clarity on repos and netting.

Market Infrastructure

ASX Overhaul Mandated After ASIC Report Finds Systemic Failures

By Sanday Chongo Kabange | 02/04/2026

Independent inquiry finds that ASX prioritised profits over infrastructure, prompting regulators to impose a major overhaul to rebuild trust.

AML / KYC

Australia Launches Public VASP Register Under Expanded AML/CTF Laws

By Sanday Chongo Kabange | 02/04/2026

New reforms introduce greater oversight of the virtual asset sector, aligning Australia’s AML/CTF framework with global standards and increasing transparency.

Crypto / Digital Assets

Australia Passes Law to Bring Crypto Under AFSL Regime

By Sanday Chongo Kabange | 02/04/2026

New legislation designed to improve consumer protection and market integrity will require crypto exchanges and custody providers to obtain an AFS licence.