Australia

ASIC Seeks Industry Input on Major Regulatory Simplification Drive

By Sanday Chongo Kabange | 03/09/2025

ASIC has cut over 9,200 pages of regulation and is piloting consolidated rules in a multi-year bid to reduce compliance costs and complexity for firms.

AML / KYC

AUSTRAC Fines Revolut Payments for Late IFTI Reporting

By Sanday Chongo Kabange | 03/09/2025

AUSTRAC said Revolut Payments self-disclosed the reporting failures and subsequently implemented remedial controls.

Enforcement

ASIC Expands Case Against Adviser of Collapsed Super Funds

By Editors | 03/09/2025

ASIC alleges an unconscionable advice model led to over AUD 500 million in investments into two now-collapsed funds.

Australia Launches 'Investor Front Door' to Streamline Project Approvals

By Editors | 02/09/2025

A new pilot program will act as a concierge service, helping investors in nationally significant projects navigate regulatory hurdles and financing.

Enforcement

SocGen Penalised in Australia for Market Gatekeeper Failures

By Editors | 02/09/2025

The penalty follows an ASIC probe into suspicious client orders designed to manipulate electricity and wheat futures markets.

Fintech / Regtech

RBA Flags Private Market Risks, Digital Currency Assessment in New Plan

By Editors | 02/09/2025

The RBA's corporate plan highlights financial stability risks from non-bank lending and outlines key work on a potential CBDC.

AML / KYC

Australia's AML/CTF Rules Seek Simplicity As FATF Deadline Looms

By Nathan Lynch | 02/09/2025

The Australian government has released the final version of the long-awaited AML/CTF Rules, ushering in the biggest change to the regime in two decades, writes Nathan Lynch.

Australia's Super Fund Performance Test Sees Few New Failures

By Editors | 01/09/2025

APRA's annual test finds only seven products failed, all on platforms, prompting industry criticism and calls for reform.

Securities / Derivatives

Australian Sanctions Office Issues Suite of New Guidance Notes

By Manesh Samtani | 01/09/2025

The new guidance covers proliferation financing risk assessments, securities and investment, mining and machinery exports and the humanitarian sector.