Australia

    AML / KYC

    AUSTRAC Orders AML/CTF Audit of Payments Firm mHITs

    By Sanday Chongo Kabange | 03/04/2026

    AUSTRAC has ordered an external audit of mHITs Limited amid concerns its transaction monitoring is failing to manage serious risks, including child exploitation financing.

    Capital / Liquidity

    APRA Consults on Liquidity Treatment of Settlement Deposits

    By Sanday Chongo Kabange | 03/04/2026

    APRA aims to clarify that deposits encumbered with settlement service providers cannot be counted towards minimum liquidity holdings for certain banks.

    Capital / Liquidity

    ISDA Urges Regulatory Action on Australian Super Fund Liquidity Risks

    By Sanday Chongo Kabange | 03/04/2026

    New report details escalating liquidity risks in Australia’s AUD 4.5 trillion superannuation sector, calling for urgent policy clarity on repos and netting.

    Market Infrastructure

    ASX Overhaul Mandated After ASIC Report Finds Systemic Failures

    By Sanday Chongo Kabange | 02/04/2026

    Independent inquiry finds that ASX prioritised profits over infrastructure, prompting regulators to impose a major overhaul to rebuild trust.

    AML / KYC

    Australia Launches Public VASP Register Under Expanded AML/CTF Laws

    By Sanday Chongo Kabange | 02/04/2026

    New reforms introduce greater oversight of the virtual asset sector, aligning Australia’s AML/CTF framework with global standards and increasing transparency.

    Crypto / Digital Assets

    Australia Passes Law to Bring Crypto Under AFSL Regime

    By Sanday Chongo Kabange | 02/04/2026

    New legislation designed to improve consumer protection and market integrity will require crypto exchanges and custody providers to obtain an AFS licence.

    Securities / Derivatives

    ASX Finalises Rule Changes for mFund Service Closure

    By Editors | 02/04/2026

    ASX has confirmed the timeline and rule amendments for the wind-down of its managed fund settlement service, mFund.

    Enforcement

    APRA Imposes Licence Conditions on Super Trustee Fiducian

    By Editors | 01/04/2026

    APRA has mandated independent reviews and remediation after identifying significant weaknesses in Fiducian's investment and board governance.

    Securities / Derivatives

    ASX Finalises Dynamic Default Fund Framework for Futures Clearing

    By Sanday Chongo Kabange | 01/04/2026

    ASX has finalised its new framework, adopting key industry proposals on recovery powers and waterfall structure but retaining its contentious sizing methodology.

    AML / KYC

    Australia's 2025 Scam Losses Rose 7.8pc YoY: NASC Report

    By Sanday Chongo Kabange | 01/04/2026

    Report reveals latest scam loss statistics and highlights a shift by the Australian government towards a prevention-first regulatory model.

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