AUSTRALIA

AML / KYC

Australian Court Commences Trial Against Star Casino Executives

By Thisanka Siripala | 11/02/2025

The trial will examine whether 10 former executives and directors knowingly allowed money laundering and criminal activity at Star casinos.

New Zealand Unveils Changes to Investor Visa Scheme

By Nithya Subramanian | 11/02/2025

The changes broaden the scope of acceptable investments, reduce barriers to investment, and incentivise more active investments.

Enforcement

APRA Accepts Court Enforceable Undertaking from Cbus

By Sanday Chongo Kabange | 11/02/2025

APRA accepted a CEU from Cbus and simultaneously launched a new probe into the firm for possible SIS Act breaches.

Fintech / Regtech

ASIC Seeks Industry Feedback on BNPL Regulatory Guide

By Thisanka Siripala | 10/02/2025

The proposed regulatory guide outlines the obligations for low cost credit contracts and BNPL contracts under the consumer credit regime.

Enforcement

APAC Governments Impose Restrictions on Use of DeepSeek

By Mark Johnston | 10/02/2025

South Korea, India, Australia and Taiwan have imposed restrictions on using DeepSeek on government devices.

AML / KYC

Australia Publishes Guide on Scams Prevention Framework

By Manesh Samtani | 09/02/2025

The guide explains the steps banks, telcos and digital platforms would be expected to take to prevent, detect and disrupt scams.

Fintech / Regtech

Australia Consults on Regulations for New BNPL Regime

By Thisanka Siripala | 07/02/2025

The consultation covers fee caps and inquiries that must be made about a consumer’s financial situation, among other things.

AML / KYC

Australian Super Advocacy Body Defends Anti-Scam Measures

By Thisanka Siripala | 06/02/2025

ASFA CEO Mary Delahunty says ASIC fails to acknowledge the proactive measures taken by the superannuation sector to tackle scams.

Crypto / Digital Assets

Monochrome Group Registers Crypto ETFs in Singapore

By Nithya Subramanian | 06/02/2025

Monochrome’s Bitcoin and Ethereum ETFs have been registered with MAS as restricted schemes, making them accessible to accredited and institutional investors.