Tag: Australia

The Australian Securities & Investments Commission (ASIC) has initiated a court action against the superannuation fund, Active Super.

Key Australian FinTech investment stats in Q2 2023: • Australian FinTech deal activity reached 17 transactions in Q2 2023, a 62% drop when compared to...

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

TP24, an innovative FinTech firm offering flexible revolving business credit, has successfully raised £345m in a debt funding round. The round was significantly bolstered by notable UK entities, Barclays Bank Plc (Barclays) and M&G Investments.

The ACCC has revealed draft guidelines designed to enhance the reliability of green claims made by businesses.

Key Australian FinTech investment stats in Q1 2023: • Australian FinTech deal activity reached 22 deals in Q1 2023, a 56% drop from Q1 2022 •...

The Australian government plans to implement mandatory climate-related financial disclosure requirements from 2024.

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.