08/14/2025
Terraform Labs' Do Kwon Pleads Guilty to US Charges
Kwon originally faced nine charges under the indictment and his sentencing is scheduled for December 11.
Legal, Regulation & Compliance
08/14/2025
NAB and AFSH penalised $15.5 million for failing customers facing financial hardship
As a result, those consumers remained unaware of the outcome of their hardship applications.
08/13/2025
ASIC takes action against a further 28 SMSF auditors in FY25
ASIC regulates the conduct of SMSF auditors and will continue to act where conduct falls short.
08/13/2025
ASIC remakes incidental retail cover legislative instrument
ASIC will continue to monitor the instrument’s appropriateness
08/12/2025
Administrative Review Tribunal upholds ASIC’s 10 year ban on United Global Capital director Joel Hewish
Mr Hewish may seek an appeal in the Federal Court or seek a referral from the President of the Tribunal to the Tribunal’s Guidance and Appeals panel.
08/12/2025
APRA’s plans to support small and medium-sized banks
The government welcomed all nine actions from regulators
08/11/2025
ASIC secures million-dollar penalties from iSignthis and former director and CEO Nickolas John Karantzis
This conduct resulted in significant periods of time where both the market and investors were misinformed.
08/11/2025
Beware of fraudulent documents purported to be issued by HKMA
The HKMA clarifies that the document is forged.
08/08/2025
Four people charged with money laundering in fake investment scam
ASIC alleges that the four dealt with victim funds which were the proceeds of crime and were reckless as to whether those funds were proceeds of crime.
08/08/2025
Japanese official: Bank of Japan may be behind the curve vs. inflation
The Japanese Yen (JPY) is holding its recovery near 147.25 against the US Dollar (USD) following these comments, with USD/JPY losing 0.07% on the day so far.
08/06/2025
APRA increases capital requirement and imposes licence conditions on KeyInvest
KeyInvest is a life insurance company and friendly society that primarily offers funeral bonds.
08/06/2025
Scam alert related to banks
They will not ask customers for sensitive information
08/04/2025
SFC obtains six-year disqualification order against former vice-chairman and executive director of Zhongda International Holdings Limited
Although no allegation has been made that Zhang personally benefited from the unauthorised fund transfers or the disposal
07/31/2025
Appleby’s Hong Kong Office Shortlisted for Five Awards in the ALB Hong Kong Law Awards 2025
This recognition reflects Appleby’s ongoing commitment to excellence, innovation, and leadership in legal practice
07/31/2025
Ogier ranks as leading SPAC adviser with deals totalling more than US$7 billion in first half of 2025
The move away from Delaware has continued into this year.
07/31/2025
Standard Chartered and Alibaba Group Sign Strategic Technology and Growth Partnership
Two industry powerhouses will work together to advance development and implementation of AI technologies
07/31/2025
Aussie regulators update MOU to strengthen financial stability cooperation
The updated MOU sets out their respective roles for contributing to financial stability.
07/30/2025
FNZ rejects $4.6bn lawsuit as ‘entirely without merit’
The claim names 17 current and former directors and accuses them of breaching fiduciary duties, acting oppressively and authorising transactions that were not on commercial terms.
07/30/2025
Banks to put more than $93 million back in the pockets of low-income customers after charging excessive fees
ASIC Chair Joe Longo said, ‘Despite the improvements banks have made during our surveillance, there is clearly work to be done.
07/30/2025
Former financial services company director charged with dishonest conduct
The charges relate to allegations that between 11 December 2018 and 9 October 2019