Australia

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    Crypto / Digital Assets

    Australia NASC Reports Surge in Phishing Scams, Financial Losses

    By Sanday Chongo Kabange | 02/05/2025

    The NASC has recorded an increase in phishing scams, resulting in losses of AUD 11.1 million from 1 January to 23 March this year.

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    Fintech / Regtech

    ACCC Authorises AusPayNet, AP+ to Engage on Payments Infrastructure 

    By Sanday Chongo Kabange | 02/05/2025

    ACCC has given AusPayNet, AP+ and others interim approval to share information relating to the future development of Australia’s payments infrastructure.

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    Enforcement

    ASX Outlines CHESS Resourcing Plan in Response to RBA Rebuke

    By Sanday Chongo Kabange | 02/05/2025

    ASX has committed to a series of actions to further strengthen its resourcing arrangements for the maintenance and support of CHESS.

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    AML / KYC

    AUSTRAC to Cancel Registrations of Inactive Crypto Exchanges

    By Sanday Chongo Kabange | 01/05/2025

    Around a quarter of Australia’s 400-plus registered digital currency exchanges are believed to be inactive, and at risk of being co-opted by criminals.

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    Fintech / Regtech

    NZ FMA Announces First Six Firms That Will Join Pilot Sandbox

    By Manesh Samtani | 30/04/2025

    Six firms will test new products and services in a controlled environment, helping the FMA to gain greater insights into new technologies.

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    Market Infrastructure

    NZX Consults on BCP, Disaster Recovery Plan Requirements

    By Sanday Chongo Kabange | 30/04/2025

    NXZ and NZX Clearing are consulting on requirements for market participants when developing BCPs and disaster recovery arrangements.

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    Fintech / Regtech

    Australia Developing Standard Instruction Format for NPP Payments

    By Sanday Chongo Kabange | 29/04/2025

    AP+ has provided an update on its work to facilitate the migration from the BECS, which is being decommissioned, to the NPP.

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    Securities / Derivatives

    ASX Set to Review Shareholder Approval Rules for M&A

    By Sanday Chongo Kabange | 29/04/2025

    ASX will review its listing rules on shareholder approvals for listed company mergers, focusing on reverse takeovers.

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    Capital / Liquidity

    APRA Finalises Updates to Reporting Standard for Capital Adequacy

    By Manesh Samtani | 29/04/2025

    APRA will collect data on unrealised losses for securities in the liquid asset portfolio that are not measured at fair value.

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    Fintech / Regtech

    Culture and Conduct as the New Moat in APAC’s Wealth Sector

    By Mary Leung | 28/04/2025

    Traditional competitive advantages are fading in APAC’s booming wealth management sector, making a strong client-centric culture the new key to success, writes Mary Leung.

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