Australia

AML / KYC

AUSTRAC Warns of 'Integrated' APAC Crime System, Calls for Regulatory Rethink

By Sanday Chongo Kabange | 05/03/2026

AUSTRAC says old rules are misaligned with new, industrial-scale, cross-border criminal ecosystems operating at unprecedented speed.

AML / KYC

AUSTRAC Chief Details New AML Rules for Legal Profession

By Sanday Chongo Kabange | 04/03/2026

Brendan Thomas outlines mandatory enrolment, CDD, and reporting obligations as AUSTRAC moves to close a 'significant hole' in the country's AML defences.

Capital / Liquidity

APRA Clarifies Liquid Asset Rules for Banks After RBA Policy Change

By Sanday Chongo Kabange | 04/03/2026

APRA has acted to ensure debt securities remain eligible liquid assets for banks following a procedural update by the RBA.

Crypto / Digital Assets

Australia: Issuer of AUDC Stablecoin Secures AFS Licence

By Sanday Chongo Kabange | 04/03/2026

The licence positions the Australian dollar-backed stablecoin within the formal payments system ahead of expected digital asset legislation.

AML / KYC

Commonwealth Bank Investigates Suspected Loan Fraud, Cites AI Use

By Sanday Chongo Kabange | 02/03/2026

CBA has filed reports to police and regulators over fears that doctored applications, some using AI, were used to obtain loans.

Capital / Liquidity

ASX Submits Plan to ASIC on Governance & Leadership Enhancements

By Sanday Chongo Kabange | 02/03/2026

The exchange operator has detailed governance changes and a plan to meet a AUD 150 million capital requirement from ASIC.

Market Infrastructure

Australia Making ‘Gradual Progress’ on G20 Payment Goals, RBA Says

By Sanday Chongo Kabange | 01/03/2026

New report details mixed results on cost and speed targets, highlighting upcoming regulatory changes for AML/CTF and payment service providers.

Securities / Derivatives

ASX Faces Calls to Recalibrate Proposed Derivatives Volatility Controls

By Sanday Chongo Kabange | 27/02/2026

Market participants have backed extending anomalous order thresholds to interest rate futures but rejected proposed parameters and called for different controls for commodities.

AML / KYC

Australian Advice Bodies Seek Additional Guidance on New AML/CTF Rules

By Sanday Chongo Kabange | 27/02/2026

The FAAA and SMSF Association have told AUSTRAC that unclear definitions for reporting groups and inequitable due diligence arrangements risk undermining upcoming AML reforms.