Tag: Australia

Australian banks have collectively launched the Scam-Safe Accord, marking a significant step in the battle against financial scams.

The Australian Government's Treasury recently unveiled a progressive strategy to bolster the movement of private capital towards a net-zero economy.

Three influential investor networks have criticised the current climate transition plans disclosed by Australian companies, branding them as "incomplete" or "inadequate" for investor needs.

The Reserve Bank of Australia (RBA) has released a comprehensive report that shines a light on the complexities of launching a CBDC in Australia.

In a recent post by TAINA Technology, the company dug deeper into remaining compliant with FATCA and CRS compliance in APAC.

The Australian government plans to implement mandatory climate-related financial disclosure requirements for businesses and financial institutions from 2024. This is according to a consultation paper...

Moody's Analytics recently put a spotlight on the ongoing ultimate beneficial ownership (UBO) rule enhancements in the Asia Pacific region.

The Attorney General’s Department (AGD) in Australia initiated a public consultation on 20 April 2023 to discuss proposed reforms to the country’s anti-money laundering and counter-terrorism financing (AML/CTF) regime. These potential changes aim to broaden the current AML/CTF legislation to cover 'tranche-two' high-risk sectors including lawyers, accountants, real estate agents, company service providers, and dealers in precious metals and stones.

As cryptocurrencies become increasingly popular, the risk of scams targeting investors has grown. In response, Commonwealth Bank (CBA) has launched new safety measures aimed at safeguarding its customers. The bank will now impose restrictions, delays, and limits on certain payments to cryptocurrency exchanges.

The Australian government has created a new net zero authority to ensure key stakeholders can ‘seize the opportunities’ of the country’s net-zero transformation. The...