Australia

Fintech / Regtech

AUSTRAC to Expand AI Use in Intelligence, Regulatory Operations

By Thisanka Siripala | 07/03/2025

AUSTRAC is currently developing and piloting uses of AI which will in the future expand usage patterns and domains.

Fintech / Regtech

Australia’s Banking Revolution: Leveraging AI in a Sheltered but Evolving Market

By Bradley Maclean | 06/03/2025

Australia’s near-term trajectory in AI adoption hinges on strategic actions that address existing gaps while positioning the sector for sustainable growth.

Market Infrastructure

ASX Consults on Release 1 of CHESS Replacement Project

By Sanday Chongo Kabange | 06/03/2025

ASX will implement a new FIX Gateway and FIX messaging for trade registration, cancellation, and end-of-day price reporting.

Market Infrastructure

NZX Set to Introduce Third-Party Clearing in Derivatives Market

By Thisanka Siripala | 05/03/2025

Clearing Participants will be able to clear and settle trades on behalf of other trading firms, allowing greater flexibility in the derivatives market.

ACCC Issues Guidance on Merger Reform Transition

By Sanday Chongo Kabange | 04/03/2025

The guidance is to help businesses considering a merger in 2025, ahead of Australia’s new merger regime coming into effect from 1 January 2026.

Market Infrastructure

Australia Publishes Response to Clearing and Settlement Inquiry

By Sanday Chongo Kabange | 04/03/2025

The government already actioned two recommendations from the parliamentary inquiry, which focused on competition in clearing and settlement and the ASX CHESS replacement project.

AML / KYC

ASIC Intensifies Enforcement Efforts, Investment Scam Crackdown

By Thisanka Siripala | 03/03/2025

ASIC shut down more than 10,000 fraudulent websites since mid-2023 and launched 109 new investigations in H2 2024.

Enforcement

Australian Court Orders Allianz, AWP to Pay Criminal Fines

By Thisanka Siripala | 03/03/2025

ASIC filed criminal charges against Allianz and AWP in 2021 over false or misleading statements they made to consumers.

Securities / Derivatives

ASIC Examines Regulatory Settings for Capital Markets

By Manesh Samtani | 27/02/2025

ASIC is exploring how it can make public markets more attractive and enhance transparency in private markets.