Compliance Archives

Financial crimes regulator AUSTRAC demands an external auditor for Airwallex over AML/CTF concerns

Simon Thomsen - January 22, 2026 3 MIN READ

The Australian government’s financial system anti-crimes regulator, AUSTRAC, has called in an external auditor at Airwallex over concerns that the fintech unicorn has failed to properly comply with anti-money laundering and counter-terrorism financing (AML/CTF) laws. AUSTRAC CEO Brendan Thomas, said the external audits will assess serious compliance concerns by the regulator, which is charged with… Read more »

Business

Why not giving corporate regulator ASIC a current email address could cost you $20,000

David Adams - January 6, 2026 2 MIN READ

Business leaders would face fines of up to $40,000 for not listing their Director ID when required, and penalties of up to $20,000 for failing to provide updated email addresses, under draft legislation put forward by the federal government. The Treasury released an exposure draft for the Treasury Laws Amendment (Business Registries Stabilisation and Uplift)… Read more »

Funding

AI-based compliance platform bags $6 million Seed round

Startup Daily - May 7, 2025 < 1 MIN READ

A two-year-old regulatory compliance startup has raised $6 million in a Seed round to develop AI for risk management. The round for Haast was led by Airtree, with support from US-based defy.vc, and existing backers Aura Ventures and Black Sheep Capital. The Sydney-based startup previously a $1.2 million pre-Seed in 2023 to monitor greenwashing and… Read more »

Aona AI Co-founders Bastien Cabirou (right) and Salim Sebkhi (left)

Antler Australia

Antler Investor Memo Series: Aona AI gives corporates the power to implement secure, ethical AI

Maeve Couch - November 20, 2024 5 MIN READ

Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick, sharp understanding of the startups and people… Read more »

Cyber security

‘It prevents startups from closing a deal’: the compliance ‘blockers’ that slow founders building a unicorn

Adam Bub - November 5, 2024 4 MIN READ

There were plenty of important topics covered at the recent Startup Daily and AWS Unicorn Day in Melbourne from venture capital to impact startups to scaling to a billion-dollar business. One particular session on compliance demonstrated how paying attention to the small details can help founders close the biggest deals. When Oscar Watson-Smith, sales engineer… Read more »

Business

Corporate regular ASIC wins its compliance fight with crypto exchange Kraken

Simon Thomsen - August 23, 2024 3 MIN READ

A margin trading product offered by cryptocurrency exchange Kraken failed to meet its legal obligations under Australia’s Corporations Act, a Federal Court judge has ruled. The judgment hands a rare win to corporate regulator the Australian Securities and Investment Commission (ASIC) amid an ongoing focus on regulatory compliance in the crypto sector. Justice John Nicholas… Read more »

Funding

AI-fuelled legal compliance platform bills $1.5 million raise

Startup Daily - August 5, 2024 2 MIN READ

A legal generative AI startup founded by a trio of lawyers and computer scientists has raised $1.5 million in funding for international expansion. The round for Graceview was led by Singapore-based entrepreneur Patrick Linton, with support from a range of tech founders and investors. The compliance platform combines AI, machine learning, legal expertise and and… Read more »

Growth hacks

VIDEO: How startups set up for success with governments and whale customers

Simon Thomsen - July 26, 2024 < 1 MIN READ

Two-thirds of startups don’t believe their security and compliance are up to scratch. And you can get by until the moment when you’re on the brink of massive success. Vanta sales engineer Oscar Watson-Smith sees it all the time, when founders come to him in a state of panic when they’re trying to scale quickly… Read more »

Topic

Deloitte acquires speech analytics provider KnowledgeSpace

Gina Baldassarre - September 18, 2018 2 MIN READ

Deloitte has acquired Melbourne company KnowledgeSpace, which provides speech analytics services, to boost its services in the conduct and compliance space.

Topic

GetSwift shares resume trading on the ASX after three weeks suspended

Gina Baldassarre - February 19, 2018 2 MIN READ

With its shares last valued at $2.92 on January 22 before suspension, GetSwift is currently trading at $1.24 after a market update.

Topic

Tyro cofounder Andrew Rothwell departs to join Data Republic as Chief Operating Officer

Gina Baldassarre - April 28, 2017 2 MIN READ

Andrew Rothwell, cofounder of Tyro Payments as he gears up to join Data Republic at its Chief Operating Officer in late May.

Advice

Western Australian startup Cribber is a cloud-based communication stream for tradies

James Ward - April 6, 2017 4 MIN READ

Cribber is an app facilitating communication and compliance between tradies and site manager through a daily content “bulletin board”.

Topic

Regulatory technology startups band together to launch Regtech Association

James Ward - April 3, 2017 2 MIN READ

Thirteen companies have banded together to launch the Regtech Association, a group focused on facilitating collaboration and growth in the regtech sector.

Topic

Global education company Kaplan acquires Sydney-based AI startup Red Marker

James Ward - March 3, 2017 2 MIN READ

Kaplan has announced the acquisition of Sydney-based AI startup Red Marker, with the deal to see the company onboard Red Marker’s AI compliance technology.

Advice

Queensland startup iCompLii is a cloud compliance solution for highly-regulated industries

Liz Leigh - December 18, 2015 3 MIN READ

Sending through all your work credentials via email seems like an age old tradition, but it’s still the way we do it. On average workers send anywhere between 6 to 13 emails when taking on a new job, which can be quite a laborious task. But it doesn’t end there – HR hates chasing up all your medical certificates by going back and forth between emails.