Australia

Sanctions

Australia Imposes New Sanctions on Russian Individuals and Entities

By Manesh Samtani | 26/06/2025

Australia has expanded sanctions targeting Russia’s defence, energy, and media sectors, while also deepening collaboration with NATO.

Market Infrastructure

ASIC Appoints Expert Panel for ASX Governance Inquiry

By Sanday Chongo Kabange | 26/06/2025

ASIC says the inquiry panel will make recommendations by 31 March 2026 to address shortcomings within ASX Group.

AML / KYC

New Zealand’s FMA Sets Out Priorities for the Coming 12 Months

By Thisanka Siripala | 26/06/2025

The FMA’s regulatory priorities for the financial sector focus on conduct, innovation, and consumer protection.

Market Infrastructure

APRA Intensifies Scrutiny of Super Fund Expenditure Decisions

By Sanday Chongo Kabange | 26/06/2025

APRA is calling for a greater focus on member outcomes and robust expenditure management frameworks.

AML / KYC

ASIC Issues Updated Guidance to Combat “Share Sale Fraud”

By Sanday Chongo Kabange | 26/06/2025

Other APAC regulators have also taken measures to prevent share sale fraud resulting from unauthorised access to securities accounts.

AML / KYC

Australia Identifies Scam Victims by Analysing Crypto ATM Transactions

By Sanday Chongo Kabange | 26/06/2025

An Australian law enforcement operation has identified 90 individuals linked to illicit crypto ATM activity, mostly scam victims.

AML / KYC

AUSTRAC to Shift Focus to Outcomes Rather Than Compliance

By Thisanka Siripala | 25/06/2025

AUSTRAC will shift its regulatory focus to outcomes and harms, targeting industry sectors where risks are poorly managed, said CEO Brendan Thomas.

Australian Banking Association Gets New CEO After 8 Yrs

By Sanday Chongo Kabange | 25/06/2025

Former Federal Finance Minister Simon Birmingham will become the new CEO of the ABA on 18 August.

AML / KYC

New Academic Programmes Emerge to Address Financial Crime Skills Gap

By Manesh Samtani | 24/06/2025

A ‘generational crisis’ in financial crime has prompted the introduction of new academic programmes that blend theory with real-world investigative skills.