The Australian Securities and Investments Commission (ASIC) has finalised its criminal investigations into the alleged “fees for no service” conduct by AMP.
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Cryptocurrency taxation myths: time for a reality check
Cryptocurrency is no longer confined to the fringe of organised crime and tech companies. The age of ‘digital currency’ has well and truly arrived and many Australians have taken to investing in crypto. Tax myths abound and not surprisingly, regulators worldwide, including the ATO, are on the case.
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Transaction monitoring must sit at heart of AML compliance, says top enforcement lawyer
Regulators will seek evidence of a nuanced and comprehensive transaction monitoring program when they undertake supervision and enforcement work.
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Fintech, regtech and the role of compliance survey for 2022
Financial services firms adopting new ways of working supported by emerging iterations of fintech, regtech and insurtech.
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Why trade penalties and economic coercion aren’t working
The Australian Prime Minister and Treasurer will have to try a new approach if they are to change course in the country’s relationship with China.
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Labor Introduces Bill to Improve Transparency on Ransomware Payments
If passed, the Bill would establish a mandatory reporting requirement for certain types of entities that make a ransomware payment.
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Cryptos on the rise
The benefits and challenges of cryptos together with an overview of the regulatory landscape for cryptocurrencies such as bitcoin.
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PODCAST: Compliance considerations for antitrust enforcement
The Thomson Reuters Regulatory Intelligence podcast series “Compliance Clarified” covers a wide range of topics that are relevant to compliance officers in financial services firms. Antitrust enforcement actions against technology…
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BLOG: APAC regional spotlight from Cost of Compliance 2021: shaping the future
Thomson Reuters Regulatory Intelligence has carried out its 12th annual survey on the cost of compliance focusing on the challenges the compliance functions at financial services firms around the world expect to face in the year ahead.
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Australian senators push for inquiry into money laundering laws
Labor Senator Deborah O’Neill is set to call a vote on Wednesday for a broad-ranging inquiry into the “adequacy and efficacy” of Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) framework.
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