Australia

Conduct, Culture & Accountability

APRA Revises Governance Proposals After Industry Feedback

By Sanday Chongo Kabange | 27/10/2025

APRA will extend proposed director tenure limits to 12 years and walk back plans for new board independence and pre-appointment checks.

Conduct, Culture & Accountability

ASIC Bans Adviser for 7 Years Over High-Risk Super Advice

By Sanday Chongo Kabange | 26/10/2025

ASIC found Jovan Videkanic gave inappropriate advice on self-managed super funds and speculative investments while at United Global Capital and MWL Financial Services.

Anti-Money Laundering

AUSTRAC, Pacific FIUs Deepen AML Push on Crypto, Child Exploitation

By Sanday Chongo Kabange | 24/10/2025

A new intelligence guide and shared technology aim to help financial institutions detect emerging regional financial crime threats.

Anti-Money Laundering

Compliance Expertise is Invaluable in the ‘Age of AI’

By Nathan Lynch | 24/10/2025

Rather than replacing human talent, the AI arms race is making skilled and experienced compliance professionals more valuable than ever, writes Nathan Lynch.

Credit Risk

APRA Proposes Flexible IRB Pathway to Boost Bank Competition

By Sanday Chongo Kabange | 23/10/2025

APRA’s new framework offers a phased, more transparent process for internal ratings-based accreditation, responding to concerns from medium-sized banks.

Reporting & Disclosures

New Zealand Scales Back Climate Reporting Rules to Boost Capital Market

By Manesh Samtani | 23/10/2025

The government is drastically raising reporting thresholds and easing liability provisions, citing high compliance costs and a desire to encourage listings.

PEPs & Sanctions

Australia Charges Remitter, Warns Financial Sector on Sanctions

By Sanday Chongo Kabange | 23/10/2025

A Sydney man faces charges for allegedly sending AUD 650,000 to sanctioned Iranian banks, as regulators renew industry warning.

AI Risk & Governance

Australia Overhauls Voluntary AI Rules, Refocusing on Core Practices

By Manesh Samtani | 23/10/2025

New guidance consolidates a previous framework into six essential practices, aiming to simplify responsible AI adoption for Australian businesses.

Anti-Money Laundering

New Zealand Court Confirms NZD 5.06m Penalty for Casino's AML Breaches

By Sanday Chongo Kabange | 23/10/2025

The penalty follows a regulatory investigation that found systemic, though not deliberate, compliance failures at Christchurch Casinos over a five-year period.