The corporate regulator is preparing a fully costed roadmap for a business “data spine” that could underpin a $1.3 billion salvage mission from the registry overhaul frozen by the...
Australia’s corporate regulator will not implement AI technology to read and summarise hundreds of submissions to public consultations after a trial found the machine summaries were “bland” and not...
A $206.4 million Budget commitment to improved data capability and cybersecurity has been given to Australia’s two financial regulators, among a series of smaller cyber upgrades. The funding, included...
Australia’s corporate watchdog has shed light on ongoing efforts to investigate a ‘data spine’ of business and company data, one of the core benefits of the registry overhaul scrapped...
Australia’s corporate watchdog has launched first-of-its-kind legal action against an unnamed company director for allegedly failing to sign up to the federal government’s compulsory director ID program. The director,...
The corporate regulator has taken up compliance duties on the Director ID scheme, contacting company directors who are yet to obtain one and had ignored formal directions to apply....
As many as 300,000 company directors are operating without a mandated digital identification, in breach of a new scheme designed to crack down on illegal phoenix activity. The non-compliance...
Some cryptocurrency products may be “fundamentally incompatible with the existing financial services regulatory framework”, according to Treasury, as it begins consulting on the government’s token mapping exercise. Treasury released...
Beleaguered cryptocurrency exchange FTX has had the financial services licence of its Australian subsidiary suspended by the corporate watchdog after the company filed for bankruptcy. While the suspension runs...
The Australian Securities and Investment Commission “requires a substantial uplift in its data and technology capability” alongside a “material cultural change” to access the full benefit of any upgrade,...