Australia

Capital Adequacy

New Zealand Government Authorises Kiwibank to Raise More Capital

By Sanday Chongo Kabange | 31/07/2025

State-owned Kiwibank has been approved to raise up to NZD 500 million to enhance its ability to compete with the big four banks.

Market Risk

APAC Regulators Urge Timely FRTB Implementation in Europe, US

By Blake Evans-Pritchard | 31/07/2025

Regulators in Asia worry about the harm divergent implementation timetables cause to their banks.

Anti-Money Laundering

AUSTRAC Sues Gaming Giant Mounties Over Alleged AML Breaches

By Sanday Chongo Kabange | 31/07/2025

AUSTRAC alleges systemic non-compliance with AML/CTF laws, highlighting the risks for regulated entities that outsource their compliance programmes.

Supervision & Enforcement

Australia to Bring AUSTRAC, ACIC Under Intelligence Oversight Regime

By Sanday Chongo Kabange | 31/07/2025

New legislation introduced to Parliament will extend the remit of national security agencies to the intelligence functions of AUSTRAC and the ACIC.

Structural Regulation

Australia Consults on Non-compete Ban Including Model for High Earners

By Manesh Samtani | 30/07/2025

The government is seeking feedback on a wide-ranging overhaul of worker restraints, including potential new competition law penalties.

Conduct, Culture & Accountability

ASIC Proposes Major Shakeup of Conflicts of Interest Rules

By Sanday Chongo Kabange | 30/07/2025

ASIC seeks feedback on first update in 20 years, introducing broader scope, new examples and a 'roadmap' of obligations.

Structural Regulation

Australia's FSC Proposes Overhaul of 'Outdated' Financial Advice Licensing

By Sanday Chongo Kabange | 30/07/2025

The FSC has suggested tiered licensing, individual adviser accountability, and stricter capital rules to address rising systemic risks in a fragmented market.

Structural Regulation

APRA Proposes Major Changes to Bank Licensing Framework

By Sanday Chongo Kabange | 30/07/2025

APRA is aiming to cut lengthy assessment times and may scrap its pathway for restricted new market entrants.

Structural Regulation

ASX Mandates Faster Disclosure of Listing Rule Waivers

By Sanday Chongo Kabange | 30/07/2025

ASX is requiring listed companies to announce details of any waivers received within one business day. A disclosure can be made later if it relates to a confidential issue.