Australia

AML / KYC

Australia Publishes Guide on Scams Prevention Framework

By Manesh Samtani | 09/02/2025

The guide explains the steps banks, telcos and digital platforms would be expected to take to prevent, detect and disrupt scams.

Fintech / Regtech

Australia Consults on Regulations for New BNPL Regime

By Thisanka Siripala | 07/02/2025

The consultation covers fee caps and inquiries that must be made about a consumer’s financial situation, among other things.

AML / KYC

Australian Super Advocacy Body Defends Anti-Scam Measures

By Thisanka Siripala | 06/02/2025

ASFA CEO Mary Delahunty says ASIC fails to acknowledge the proactive measures taken by the superannuation sector to tackle scams.

Crypto / Digital Assets

Monochrome Group Registers Crypto ETFs in Singapore

By Nithya Subramanian | 06/02/2025

Monochrome’s Bitcoin and Ethereum ETFs have been registered with MAS as restricted schemes, making them accessible to accredited and institutional investors.

Enforcement

Casino Operator SkyCity Settles Australian Tax Probe for A$38m

By Thisanka Siripala | 06/02/2025

The dispute stemmed from uncertainty regarding how customer loyalty points used in gaming machines should be taxed.

Crypto / Digital Assets

ABA Calls for Swift Passage of Payment System Reforms

By Sanday Chongo Kabange | 05/02/2025

ABA CEO Anna Bligh said the reforms “first flagged over 1,200 days ago” are “urgently needed” and can be passed “this sitting fortnight”.

Australia to Continue Allowing Virtual Meetings, Digital Documents

By Sanday Chongo Kabange | 04/02/2025

Stephen Jones called on ASIC, ASX and industry bodies to issue guidance on appropriate conduct and use of technology at meetings

Sanctions

Australia Sanctions Online White Supremacist Network ‘Terrorgram’

By Editors | 04/02/2025

Australia sanctioned Terrorgram, four other entities that promote “violent extremist ideologies”, and the new leader of Hezbollah.

Capital / Liquidity

New Zealand: TSB Bank Calls for Fairer Capital Treatment

By Thisanka Siripala | 04/02/2025

TSB Bank executives say the current capital settings prevent smaller banks from competing with large banks