Australia

Enforcement

Australia Federal Court Penalises FIIG Securities for Cybersecurity Failures

By Mark Johnston | 10/02/2026

The Federal Court has ordered the fixed-income specialist to pay AUD 2.5 million for inadequate cybersecurity controls following a major data breach.

AML / KYC

Australian Banks Seek to Limit AUSTRAC's Proposed Product Ban Powers

By Manesh Samtani | 10/02/2026

The ABA has called for the new AML intervention powers to be restricted to high-risk sectors like crypto, not established banks

Fintech / Regtech

Australia’s CBA Details AI Governance Framework in Industry-First Report

By Sanday Chongo Kabange | 09/02/2026

New report outlines CBA's risk management processes, board-level oversight, and AI principles amid growing regulatory scrutiny of the technology.

Enforcement

ASIC Steps Up Support for Investors Hit by Super Fund Collapses

By Nithya Subramanian | 06/02/2026

ASIC is expanding investor outreach, complaint pathways and compensation efforts as investigations into the First Guardian and Shield fund collapses continue.

Capital / Liquidity

APRA Reduces Liquidity Add-On Requirements for Macquarie Bank

By Mark Johnston | 05/02/2026

APRA has cut the bank's NCO add-on from 25% to 15% and removed its ASF adjustment, but a A$500 million capital overlay remains.

Securities / Derivatives

ASX Announces Plans to Launch New Fixed Income Futures Contracts

By Editors | 05/02/2026

The new cash-settled contracts, tracking Australian sovereign and credit indices, aim to expand risk management tools for market participants.

Enforcement

Australian Broker Petra Capital Fined for Data Errors Hindering Surveillance

By Sanday Chongo Kabange | 05/02/2026

The penalty follows a system change that made single clients appear as multiple entities in regulatory reports.

AML / KYC

ASIC Urges Super Funds to Address "Serious Gaps" in Scam Defences

By Sanday Chongo Kabange | 05/02/2026

A review found superannuation funds lag major banks on scam warnings, prompting calls for urgent action to adopt new standards.

Crypto / Digital Assets

Coinbase Accuses Australian Banks of 'Systemic Debanking'

By Sanday Chongo Kabange | 04/02/2026

Coinbase has urged lawmakers to legislate transparency measures, arguing current bank practices threaten competition and innovation in the country.