Australia

Operational Risk

Australia Finalises Targeted Amendments to Operational Risk Framework

By Sanday Chongo Kabange | 30/04/2026

The amendments provide limited relief from specific contractual requirements for arrangements with providers like central banks and financial market infrastructures.

AI Risk & Governance

APRA Demands ‘Step-Change’ in AI Risk Management

By Sanday Chongo Kabange | 30/04/2026

The regulator has warned that firms' governance, risk management and assurance practices are failing to keep pace with the rapid adoption of AI.

Anti-Money Laundering

Australia Police Charges Accountant Amid Widening Mortgage Fraud Probe

By Sanday Chongo Kabange | 29/04/2026

An accountant has been charged over alleged links to a money laundering syndicate, as Australian authorities probe an estimated AUD 3 billion in fraudulent loans.

Stablecoins

Regulated Australian Stablecoin AUDM Lists on Global Exchange OKX

By Editors | 28/04/2026

The listing aims to create a new local currency liquidity layer, challenging the dominance of USD-based stablecoins in Australia.

Stablecoins

KuCoin Launches Mastercard-Linked Crypto Card Under AFSL Regime

By Sanday Chongo Kabange | 27/04/2026

The launch, enabled by a partnership with principal Mastercard member Immersve, follows Kucoin's 2025 AUSTRAC registration and operates within the AFSL framework.

Credit Risk

Australian Court Fines Non-Bank Lender AUD 1.55 Million for Law Breaches

By Sanday Chongo Kabange | 27/04/2026

The penalty follows a court finding that the non-bank lender failed to properly assess the living expenses of vulnerable car loan applicants, undermining responsible lending laws.

Fraud, Scams & Cybercrime

Australia’s CBA Deploys Agentic AI to Generate Real-Time Fraud Rules

By Sanday Chongo Kabange | 26/04/2026

CBA’s new system detects emerging scam patterns and proposes interception rules, which remain subject to human-in-the-loop oversight.

Tokenisation

NAB Explores Tokenised Deposits in RBA-Backed Digital Asset Trial

By Sanday Chongo Kabange | 26/04/2026

NAB has detailed its role in Project Acacia, a pilot exploring the use of stablecoins and tokenised assets in wholesale markets.

Cloud & Infrastructure

APRA Consults on Migrating Final Life Insurance Data to New Reporting Platform

By Sanday Chongo Kabange | 26/04/2026

APRA is seeking feedback on moving the last three life insurance data collections to its new reporting platform.