Regulators meet to discuss AML rules during lockdown

Regulators meet to discuss AML rules during lockdown
Victoria Young
The major regulators for anti-money laundering are meeting today to work out if any rules can be relaxed while the country is in lockdown. The rules, which apply to banks, lawyers, real estate agents, casinos and finance companies, will be difficult to comply with as the country moves into lockdown as of midnight Wednesday. For example, property lawyers and banks are meant to see customers in person with photo ID as part of customer due diligence. BusinessDesk understands a meeting will take place this afternoon involving the Dep...

More Law & Regulation

Critical gas contract dispute settled confidentially
Law & Regulation

Critical gas contract dispute settled confidentially

The case cast the first major light on what gas shortages meant.

Wikeley loses again in Owen Glenn stoush
Law & Regulation

Wikeley loses again in Owen Glenn stoush

Supreme Court says fraud findings can’t be relitigated.

Victoria Young 04 Jul 2025
The business born battling Vector connection contracts
Property

The business born battling Vector connection contracts

'Pretty on the nose': Developers challenge Vector's hefty fees.

Garth Bray 04 Jul 2025