The rules are expected to cover crypto custody and licensing for exchanges, as well as obligations for crypto firms to protect customer funds.
August 8, 2023NAB will initially block “several” cryptocurrency exchanges that it has concerns with, but this could be expanded further in future.
July 19, 2023Crown will pay A$125mn now, A$125mn within a year, and the remaining A$200mn within two years for AML/CTF breaches.
July 12, 2023AUSTRAC received audit reports for three Bell Financial Group entities and decided not to undertake further regulatory action against them.
July 4, 2023Treasury will work with APRA and the four major banks to design and scope a voluntary data collection on de-banking.
June 29, 2023AUSTRAC discourages the "indiscriminate and widespread closure of accounts across entire industries".
June 28, 2023AUSTRAC to develop national risk assessment on terrorism financing by late 2023, and on money laundering by early 2024.
June 28, 2023The Senate voted to set up the inquiry into Perth Mint, without support from the federal Labor government.
June 23, 2023Regulators are assessing Australia's crisis management settings to ensure they remain robust in light of international developments.
June 16, 2023The delay was attributed to the complexity of the audit and the challenges in gathering the required information.
May 31, 2023