Australia: Reserve Bank Consults on New Payments Platform Access and Functionality Arrangements
On October 29, 2018, the Reserve Bank of Australia (RBA) launched a consultation seeking feedback …
Sizing Flutter-TSG's Combined Market Share In Key Online Markets
Following Wednesday’s announcement of a planned merger between online gambling giants Flutter Entertainment and The …
Flutter-Stars Tie-Up Heading For CMA Pass Despite Competition Concerns
The proposed creation of a global betting and gaming giant from the merger of Flutter …
Flutter To Merge With Stars In All-Share Deal
UK gambling group Flutter Entertainment plans to merge with Nasdaq- and Toronto-listed The Stars Group …
Aussie Regulator Orders PayPal To Audit AML Compliance
Australia’s financial crime regulator has ordered global payment services giant PayPal to conduct an audit …
Australia: Law Introducing Obligation to Include Right to Delete CDR Data in Consumer Data Rules
On September 18, 2019, the Treasury Laws Amendment (2019 Measures No. 2) Bill 2019 was …
FinCEN Warns Crypto Firms Over Long Arm Of U.S. Enforcement
U.S. enforcement authorities have shot a warning to firms seeking to build an international payment …
Australia: Treasury Seeks Feedback on Draft Legislation Strengthening ASIC Licensing, Enforcement and Investigation Powers
On September 11, 2019, the Treasury released a set of draft legislation for public comment, …
Australian MSB Fined Over Transaction Reporting Failures
Australia’s financial crime watchdog has issued a fine to a money transfer business for failing …