ADVERTISEMENT
Australia
ACCC Opens Consultation on Draft Merger Process Guidelines
By Sanday Chongo Kabange | 27/03/2025
The draft guidelines explain the processes the ACCC will use when assessing acquisitions under the new merger regime.
Market Infrastructure
Australian Regulators Keep Door Open for Bond, Repo CCP
By Sanday Chongo Kabange | 27/03/2025
The CFR said regulatory intervention is not yet needed but it supports the industry exploring the introduction of central clearing in the Australian bond and repo markets.
Fintech / Regtech
AusPayNet Launches Industry Code for e-Conveyancing Payments
By Sanday Chongo Kabange | 27/03/2025
AusPayNet says the new industry code will enhance security, standardise and provide efficiency to e-conveyancing payments.
ASIC Issues Updated Guidance on Holding Virtual Meetings
By Sanday Chongo Kabange | 27/03/2025
The updated guidance sets out ASIC’s expectations on holding virtual meetings and includes the option to use telephone lines and webcasts.
AML / KYC
RBNZ Publishes Research Spotlighting Barriers to Bank Account Access
By Thisanka Siripala | 26/03/2025
A survey found that a third of frontline staff report being unable to open a bank account for a customer often or very often.
Enforcement
ASIC Secures Court Victory in Unlawful Fees Case Against Payday Lender
By Thisanka Siripala | 26/03/2025
The court found that Sunshine Loans breached Australia’s credit laws by charging a fee to borrowers who sought to alter their loan repayment terms.
AML / KYC
Gambling Sector Remains in AUSTRAC’s Gunsights, As Court Looms for Star
By Nathan Lynch | 26/03/2025
AUSTRAC will continue to target gambling companies where “the risk has been large and the responsibility has been negligent.”
Crypto / Digital Assets
Crypto Scams Highlight ‘Digital Pivot’ in Money Laundering Tradecraft
By Nathan Lynch | 26/03/2025
The growth of cryptocurrency as a mainstream investment asset class has highlighted the need for new thinking in the fight against fraud and financial crime, writes Nathan Lynch.
AFCA to Update Guidelines for Handling Abuse-related Complaints
By Thisanka Siripala | 25/03/2025
AFCA has set out an updated approach for handling complaints involving family violence and financial elder abuse.
AML / KYC
NZ DIA Issues Formal Warning to NZForex for AML Failures
By Thisanka Siripala | 25/03/2025
3,182 transactions over six years were not reported to the FIU due to a system issue that was identified and self-reported by NZForex.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.