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Enforcement
Australia Examines Misuse of AI and Exam Cheating by Auditors
By Sanday Chongo Kabange | 09/12/2025
Government officials are reviewing Deloitte's contracts and questioning KPMG over AI's role in exam cheating that was not reported to ASIC.

Crypto / Digital Assets
Australia, New Zealand to Align on Financial Regulation, Insurance Access
By Sanday Chongo Kabange | 08/12/2025
Australian and New Zealand ministers have agreed to coordinate on payment systems and digital assets, and will establish a working group on insurance accessibility.

ASIC Extends Transitional Relief for Foreign Financial Firms
By Sanday Chongo Kabange | 07/12/2025
The 12-month extension provides certainty as the government prepares a new licensing exemption regime for foreign financial services providers.

Enforcement
ASIC Orders FXCM to Stop Issuing CFDs to Retail Investors
By Sanday Chongo Kabange | 05/12/2025
The interim stop order cites deficiencies in the firm's target market determination under design and distribution obligations.

Capital / Liquidity
Australia Proposes Three-Tier Prudential Framework for Banks
By Sanday Chongo Kabange | 05/12/2025
The plan creates a new top tier for the largest banks and introduces transition periods to support competition and growth.

Canadian Exchange Considers Acquiring Cboe Australia as SGX Denies Making Bid
By Sanday Chongo Kabange | 05/12/2025
The CSE is considering buying Cboe's Australian assets, aiming to expand its footprint after already having acquired the National Stock Exchange.

ESG / Sustainability
ASIC Updates Product Disclosure Statements Guidance
By Sanday Chongo Kabange | 04/12/2025
ASIC has consolidated six guides and clarified rules on greenwashing and fund liquidity following industry consultation.

ESG / Sustainability
ASIC Finds Major Gaps in Company Whistleblower Practices
By Sanday Chongo Kabange | 04/12/2025
ASIC’s survey of 134 Australian firms found nearly a quarter received no disclosures, with many lacking basic reporting channels and training.

Capital / Liquidity
APRA Finalises AT1 Phase-Out Plan, Toughens Bank Capital Rules
By Sanday Chongo Kabange | 04/12/2025
APRA confirms removal of hybrid securities from the capital framework, increasing capital minimums for major banks and altering leverage ratio rules from 2027.

Sanctions
Australia Sanctions Russian 'Shadow Fleet' to Enforce G7+ Oil Price Cap
By Editors | 04/12/2025
Australia designated 45 vessels as part of a new sanctions package aimed at curbing Russia's ability to finance its war in Ukraine.
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