1-10 of 590 results
ASIC targets governance in ESG-marketed fund greenwashing case
ASIC has alleged governance failures and misleading conduct against the responsible entity of an ESG-marketed registered managed investment scheme. On 2 October 2025, it commenced civil penalty procee ...
First tranche of payments licensing reforms—what you need to know
The Federal Government recently released exposure draft legislation that would implement 'Tranche 1a' of its proposed regulatory reforms for payment service providers. It follows Treasury consultation ...
Government consults on expanding Australian financial services law to digital assets
After a long period of discussion about potential digital asset reform, the Treasury has released draft legislation—the Treasury Laws Amendment (Regulating Digital Asset, and Tokenised Custody, ...
ASIC’s responsible lending case against Money3 stalls on most issues
In a recent decision, the Federal Court of Australia concluded that Money3 Loans Pty Ltd (Money3) contravened its responsible lending obligations on a small number of car loans by failing to make reas ...
The rise of stablecoins—Australian regulatory developments and their global context
Major progress is being made in modernising Australia's digital asset regulatory framework. ASIC Corporations (Stablecoin Distribution Exemption) Instrument 2025/631 grants class relief for intermedia ...
Financial services regulation update (November edition)
Covered in this webinar: The significant reforms to Australia's merger control regime likely coming into effect from 1 January 2026. What will the new regime look like? Which types of deals are likely to be caught? What practical issues should be considered before the new regime comes into effect? APRA's increasing scrutiny of expenditure by superannuation trustees. What are APRA's areas of likely focus for surveillance and enforcement action? What are the expenditure requirements in the new SPS 515? What practical steps can trustees take to prepare? ...
ASIC and APRA announce strategic priorities for 2025-26
Each year, ASIC and APRA release their Corporate Plans, which identify the regulators' strategic priorities and projects. They provide an insight into where ASIC and APRA will direct their resources a ...
ASIC puts life companies on notice to improve sales practices
ASIC issued a 'Dear CEO' letter to life companies on 18 August 2025, setting out key observations from a recently completed review of direct sales practices of life companies, although we think t ...
Cyber enforcement in the spotlight again as ASIC pursues Fortnum Private Wealth
ASIC has commenced civil penalty proceedings against AFS licensee Fortnum Private Wealth Limited (Fortnum), alleging it failed to adequately manage cybersecurity risks across its network of authorised ...
RBA’s payment shake-up: implications for merchants and payment service providers
The Reserve Bank of Australia (RBA) has published a consultation paper setting out its proposed changes to the standards regulating interchange fees and merchant surcharging, following consultation on ...