Tag: Australia
Australian FinTech investment in Q1 2023 reported lowest quarter in past...
Key Australian FinTech investment stats in Q1 2023:
• Australian FinTech deal activity reached 22 deals in Q1 2023, a 56% drop from Q1 2022
•...
Australian firms required to disclose climate impact from 2024
The Australian government plans to implement mandatory climate-related financial disclosure requirements from 2024.
Shifting legal landscapes: Decoding UBO rule enhancements in APAC
Moody's Analytics recently put a spotlight on the ongoing ultimate beneficial ownership (UBO) rule enhancements in the Asia Pacific region.
Australia’s fight against financial crimes: Arctic Intelligence’s CEO pushes for AML/CTF...
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.
CBA takes a stand against cryptocurrency scams
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.
Australia establishes new national net zero authority
The Australian government has created a new net zero authority to ensure stakeholders can ‘seize the opportunities’ of net-zero.
Australian FinTech investment falls 62% YoY in Q1 2023
Key Australian FinTech investment stats in Q1 2023:
• Australian FinTech deal activity reached 22 deals in Q1 2023, a 56% drop from Q1 2022
•...
Australia set to issue first green bond in 2024
The Australian government will issue its first-ever green bond in 2024 following an announcement by Treasurer Jim Chalmers.
Aussie FinTech Waave locks in $4.7m seed
Waave, a Syndey-based FinTech that uses open banking technology, has raised $4.7m in a seed round backed by key angel investors.
Australian firm Fivecast secures $20m in Series A
Fivecast, an open-source intelligence software firm, has closed its Series A funding round and has raised $20m.