Australia

Crypto / Digital Assets

Australia Unveils Draft Legislation to Regulate Crypto Platforms

By Sanday Chongo Kabange | 25/09/2025

The new framework proposes bringing custodial crypto platforms under the financial services licensing regime, imposing new standards for asset holding and disclosure.

Enforcement

Macquarie to Repay Customers with Losses from Shield Master Fund

By Sanday Chongo Kabange | 25/09/2025

ASIC said Macquarie Investment Management committed to repaying about 3,000 customers who invested in the now collapsed Shield Master Fund.

AML / KYC

Australia Releases Modernised Identity Proofing Guidelines

By Sanday Chongo Kabange | 25/09/2025

New national guidelines introduce a risk-based approach and standards for facial verification to combat identity crime.

ASIC Reduces Complaints Reporting Frequency for Small Banks

By Sanday Chongo Kabange | 25/09/2025

ASIC has moved to immediately reduce the internal dispute resolution reporting frequency for small banks from biannual to annual to cut regulatory costs.

Market Infrastructure

RBA Outlines Payments Strategy, Targeting Resilience and Modernisation

By Manesh Samtani | 24/09/2025

The RBA's annual payments report details a new two-year strategy focused on system resilience, payments competition, and digital currency research.

Enforcement

RBA Downgrades Key ASX Ratings Over Repeated Risk Failures

By Sanday Chongo Kabange | 24/09/2025

The RBA has found serious deficiencies in ASX’s governance and risk management, downgrading key ratings following major operational incidents.

Fintech / Regtech

Global Regulators Expand Pact on AI Data Governance and Privacy

By Editors | 23/09/2025

20 data protection authorities, including from the UK, EU and key APAC jurisdictions, have committed to a joint framework for privacy-protecting AI.

Trending

ASIC Warns Private Credit Sector to Lift Standards or Face Action

By Sanday Chongo Kabange | 22/09/2025

ASIC is calling for industry-led reform on fees, valuations and conflicts, threatening intervention and flagging the planned release of a regulatory roadmap for the sector in November.

Top ASIC and APRA Officials Announce Planned Departures

By Editors | 22/09/2025

ASIC Chair Joe Longo and APRA Deputy Chair Margaret Cole will step down in 2026, prompting the government to begin its search for their replacements.