Australia

    AML / KYC

    Australia’s Financial Complaints Authority Appoints First Chief Scams Officer

    By Sanday Chongo Kabange | 01/04/2026

    David Lacey will lead a new multi-party dispute resolution service, holding banks, telcos and digital platforms to account under a new government framework.

    Australia Lunches New Parliamentary Group to Steer Superannuation Policy

    By Sanday Chongo Kabange | 01/04/2026

    A non-partisan group of Australian parliamentarians has been launched to engage with the superannuation industry on policy and regulation.

    Fintech / Regtech

    Regulatory Lag Leaves Australia Open to 'Upstream' Crime Threats

    By Bradley Maclean | 31/03/2026

    Senior financial crime leaders warn that while threats are increasingly global and sophisticated, domestic regulatory frameworks and information-sharing mechanisms are failing to keep pace.

    Market Infrastructure

    RBA to Ban Card Surcharges, Cut Merchant Fees from October

    By Sanday Chongo Kabange | 31/03/2026

    The RBA has finalised reforms to end card surcharging, lower interchange fees, and mandate greater fee transparency from October 2026.

    Capital / Liquidity

    APRA Finalises Capital Rules to Bolster Australian Annuity Market

    By Sanday Chongo Kabange | 31/03/2026

    APRA has finalised amendments to its capital framework for life insurers, aiming to foster innovation in retirement products.

    ESG / Sustainability

    ASIC Launches Educational Modules for New Sustainability Rules

    By Sanday Chongo Kabange | 31/03/2026

    ASIC has released self-paced training modules to help firms prepare for the country's new mandatory climate reporting regime.

    Crypto / Digital Assets

    Sweeping AML/CTF Reforms Take Effect in Australia

    By Manesh Samtani | 31/03/2026

    The reforms expand the AML/CTF regime to lawyers, accountants and other professional and property sectors, and introduce new travel rule obligations for value transfers, including crypto.

    Australia Drafts Rules to Curb Super Fund Advertising

    By Sanday Chongo Kabange | 30/03/2026

    The proposed regulations detail strict disclosure and display rules to prevent employers and software providers from unduly influencing new employees' fund choices.

    Crypto / Digital Assets

    Australian Court Fines Binance Unit for Misclassifying Retail Customers

    By Sanday Chongo Kabange | 30/03/2026

    The penalty follows the misclassification of hundreds of retail clients as 'wholesale', leading to millions in losses on high-risk crypto derivatives.

    Securities / Derivatives

    ASIC Consults on Proposed Derivatives Reporting Rule Changes

    By Sanday Chongo Kabange | 27/03/2026

    The proposed amendments aim to simplify reporting, reduce complexity, and further align Australia’s framework with international standards in response to industry feedback.

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