Tag: Australia

Australia's sweeping anti-money laundering and counter-terrorism financing (AML/CTF) reforms are just months away from taking effect, and financial crime leaders are being urged to...

With new anti-money laundering and counter-terrorism financing (AML/CTF) reforms now coming into effect, both current reporting entities and newly regulated businesses must understand how...

Australia’s financial crime framework is heading into one of its most significant overhauls in years, prompting industry leaders to examine how upcoming regulatory shifts...

Deckard Technologies, a GovTech data platform helping local governments improve compliance rates and optimise tax revenue collection across property rentals, has secured a $3.9m growth credit facility from Australia-based Mighty Partners.

Financial crime regulation is undergoing rapid transformation across Southeast Asia and Australia, with authorities moving to tighten frameworks and provide clearer enforcement guidance. The changes...

ANZ has officially launched its Digital Padlock feature, designed to give customers instant control if they suspect their accounts are under attack.

Shareholding disclosure rules remain a cornerstone for market transparency across global jurisdictions, requiring investors to report holdings when they hit specific thresholds tied to voting rights, share capital or the total outstanding shares in a class. However, keeping pace with regulatory shifts impacting disclosure data and reporting processes has become increasingly challenging for financial institutions.

National Australia Bank (NAB) has paid $751,200 in penalties after being issued with four infringement notices by the Australian Competition and Consumer Commission (ACCC)...

OFX has announced a strategic partnership with Know Your Customer Limited to strengthen its global payment security through enhanced business verification solutions.

Westpac has launched a new AI-powered call assistant designed to help frontline staff detect scams in real-time during customer calls. The development of this AI tool...