Australia

Structural Regulation

New Zealand FMA Seeks Feedback on Streamlining Licence Conditions

By Editors | 30/05/2025

The consultation seeks feedback from industry participants on potential overlap, areas for clarification, and the ongoing relevance of existing conditions.

KYC & CDD

New Zealand Issues Guidance on Customer Risk Ratings

By Sanday Chongo Kabange | 30/05/2025

The DIA’s guidance is intended to help reporting entities establish customer risk-rating systems as required under domestic AML laws.

Anti-Money Laundering

AUSTRAC Orders Compliance Audits for Two Australian Casinos

By Editors | 30/05/2025

The auditors will assess each casino’s compliance with AML/CTF laws and regulations. AUSTRAC will decide on further action based on the findings.

Structural Regulation

Australia Launches New Portal for Foreign Investment Applications

By Editors | 29/05/2025

The new online portal aims to streamline the processing of foreign investment applications and increase transparency.

Fraud, Scams & Cybercrime

Westpac Pilots “First of its Kind” Anti Scam AI Tool

By Sanday Chongo Kabange | 29/05/2025

AI synthesises information from customer phone conversations in real-time to highlight key indicators to enable bankers to respond more effectively

Reporting & Disclosures

ASIC to Take “Pragmatic” Approach to Enforcing Climate Disclosure Rules

By Manesh Samtani | 29/05/2025

Commissioner Kate O’Rourke discussed ASIC’s phased approach to enforcement and efforts to ease the burden on smaller entities.

Anti-Money Laundering

AUSTRAC Freezes Assets Linked to Cryptocurrency Theft

By Sanday Chongo Kabange | 27/05/2025

AUSTRAC has frozen property and funds tied to alleged cryptocurrency theft following a tip-off from the Luxembourg FIU.

Anti-Money Laundering

New Zealand Issues AML/CFT Guidance for Online Marketplaces

By Sanday Chongo Kabange | 27/05/2025

The guidance outlines the new AML/CFT requirements that will apply to online marketplaces that directly handle payments or act as intermediaries.

Market Data & Technology

ASX Launches New Colocation Service for Market Participants

By Thisanka Siripala | 26/05/2025

ASX said the new service has the potential to benefit an underserved market segment, such as buy-side firms and smaller brokerage firms.