Australia

Enforcement

ASIC Bans Another Adviser Over High-Risk Fund Advice

By Sanday Chongo Kabange | 11/03/2026

ASIC has banned a financial adviser for providing inappropriate advice on high-risk investments to superannuation clients, amid a wider probe.

Market Infrastructure

RBA Warns of Stalled Progress on Australia's Payments Modernisation

By Sanday Chongo Kabange | 11/03/2026

The RBA has warned of slowing momentum and a lack of industry consensus on payments modernisation after a 2030 deadline was scrapped.

Securities / Derivatives

ASIC Proposes New Rules for Disclosing Derivative-Based Interests

By Sanday Chongo Kabange | 11/03/2026

ASIC has released draft rules to capture economic interests in listed companies held via equity derivatives, proposing key exemptions for market makers.

AML / KYC

Tipping Point: Why Aren’t Banks Sharing Information?

By Nathan Lynch | 11/03/2026

Australia’s new information-sharing laws were supposed to transform the fight against financial crime. One year on, the absence of regulatory guidance has left the industry baffled — and criminals are the only beneficiaries.

Enforcement

Global Drug Network Dismantled After Swedish Phone Seizure

By Manesh Samtani | 09/03/2026

An international operation targeting drug trafficking and money laundering has led to 15 arrests, including individuals in Australia and Thailand.

AML / KYC

Australia NASC Reports on Success of 'Romance Scam Fusion Cell'

By Sanday Chongo Kabange | 09/03/2026

Report details new frameworks trialled by banks and digital currency exchanges to identify and block funds destined for romance scammers.

Fintech / Regtech

Global Police Operation Shuts Down LeakBase Financial Data Market

By Editors | 09/03/2026

A 14-nation effort dismantled a major online marketplace for stolen data, with Malaysian authorities seizing key servers as part of the coordinated takedown.

Securities / Derivatives

Australian Accounting Bodies Call for Stronger Safeguards Against Risky Funds

By Sanday Chongo Kabange | 09/03/2026

Joint submission argues that ASIC needs stronger powers to block risky managed investment schemes before they launch, citing recent failures.

Securities / Derivatives

ASIC Revises Benchmark and Disclosure Rules for Hedge Funds

By Sanday Chongo Kabange | 09/03/2026

The updated guide builds on a framework that was established over ten years ago in response to the collapse of Trio Capital, which had invested in overseas hedge funds.