Australia

AML / KYC

ASIC to Launch New Professional Registers Search in June

By Sanday Chongo Kabange | 30/05/2024

The platform will allow users to search for a licence or registration across multiple registers with a single search.

Enforcement

Former NZ CEO Fined Over Anonymous Online Posts

By Sanday Chongo Kabange | 29/05/2024

The former CEO made false and misleading representations online purportedly to manipulate NZX-listed New Talisman Gold Mines.

ESG / Sustainability

Australia Consults on Sustainable Finance Taxonomy

By ESG Investor | 29/05/2024

The taxonomy will support Australia to play a stronger international role on sustainable finance, said Kristy Graham, CEO of the ASFI.

Capital / Liquidity

RBNZ to Apply New Mortgage Lending Limits from 1 July

By Nithya Subramanian | 28/05/2024

The RBNZ said the new DTI and LVR restrictions act as guardrails to reduce the build-up of high-risk lending in the system.

Enforcement

APRA Imposes Additional Licence Conditions on Mercer Super

By Sanday Chongo Kabange | 28/05/2024

APRA has imposed additional licence conditions on Mercer Super in response to risk management and compliance deficiencies.

Crypto / Digital Assets

Australian Digital Assets Reform: An Acquired Taste or Unique Approach?

By Rahul Advani | 28/05/2024

Some questions remain with Canberra’s uniquely Australian approach to digital asset reform, says Rahul Advani.

Enforcement

Australian Court Rules Payday Lenders Breached Credit Act

By Sanday Chongo Kabange | 27/05/2024

The court ruled that Cigno Australia, BSF Solutions, and their directors engaged in unlicensed credit activity.

Sanctions

Australia Lists the Houthis as Terrorist Organisation

By Editors | 24/05/2024

Listing the Houthis as a terrorist organisation complements the sanctions in place in relation to the entity, said Attorney-General Mark Dreyfus.

AML / KYC

Australia: Scam Losses Have Declined Further

By Sanday Chongo Kabange | 24/05/2024

Losses reported to Scamwatch, AFCX and ReportCyber declined in the January to March quarter, compared to the previous quarter.