AUSTRALIA

AML / KYC

Compliance Deadline Looms Large for Australian Gatekeeper Professions

By Nathan Lynch | 10/07/2025

Australia’s two-decade tango with the FATF has left “Tranche 2” businesses with little time to waste in the lead-up to 1 July 2026.

Securities / Derivatives

ASX Faces Investor Split Over Dual-Class Share Proposal

By Thisanka Siripala | 10/07/2025

Australia’s largest investors express mixed views as ASX seeks reforms to attract listings and compete with global markets.

Enforcement

ASIC Bans Former Compliance Head of Crown Wealth Group for 3Yrs

By Thisanka Siripala | 10/07/2025

ASIC said Andrew Moore failed to recognise the seriousness of fees-for-no-service conduct and to report the conduct to the regulator.

Capital / Liquidity

ABA Issues Guidelines on Handling Customers Facing Financial Difficulty

By Manesh Samtani | 09/07/2025

The voluntary code outlines best practice for early intervention, tailored support, and improved internal governance for banks assisting struggling customers.

Capital / Liquidity

APRA Details Technical Rules for Bank AT1 Capital Phase-Out

By Manesh Samtani | 09/07/2025

APRA has launched a consultation on specific amendments to eliminate Additional Tier 1 capital from its framework by 2027.

ESG / Sustainability

Australia First to Adopt Global Ethics Rules for Sustainability Assurance

By Manesh Samtani | 09/07/2025

New standards mirror financial audit independence rules, creating a robust framework for practitioners and the use of external experts.

AML / KYC

AUSTRAC Sets Out Expectations for Incoming AML Reforms

By Editors | 08/07/2025

AUSTRAC told industry it does not expect "perfection on day one" for new AML/CTF rules, outlining a phased approach ahead of FATF evaluation.

Market Infrastructure

ACCC Proposes to Authorise Industry Collaboration on A2A Payments

By Sanday Chongo Kabange | 08/07/2025

The ACCC is consulting on its proposal to authorise industry collaboration about future of Australia’s account-to-account payment infrastructure.

Sanctions

US Attacks on Iran Pose Complex Challenges for Compliance Teams

By Nathan Lynch | 08/07/2025

The escalating hostility between the US and Iran has heightened the pressure on global financial institutions to combat terrorist financing.