Australia

Enforcement

ASIC Review Finds Widespread Failings in Australian SMSF Advice

By Sanday Chongo Kabange | 07/11/2025

A risk-based review by ASIC found 62 percent of advice files failed the best interests duty, prompting warnings of enforcement action.

Capital / Liquidity

Loss-absorbing Rules for Non-G-SIBs Are Too Complex: BIS Paper

By Manesh Samtani | 07/11/2025

New paper reviews diverging approaches to loss-absorbing capacity requirements for systemic banks other than G-SIBs.

ESG / Sustainability

ASIC Penalises Super Funds HESTA and Prime Super for Greenwashing

By Sanday Chongo Kabange | 07/11/2025

The two funds paid a combined AUD 56,340 in penalties for misleading statements about their ESG investment policies on tobacco and carbon emissions.

Capital / Liquidity

ASIC Warns of 'Minsky Moment' in Australian Private Credit Market

By Sanday Chongo Kabange | 06/11/2025

ASIC is calling for urgent market innovation and warns of potential law reform if industry practices in the AUD 200 billion sector do not improve.

Crypto / Digital Assets

BlackRock to Launch iShares Bitcoin ETF in Australia

By Sanday Chongo Kabange | 06/11/2025

The move expands BlackRock’s crypto offerings to the APAC region, providing regulated local access.

Australia Passes Law Mandating Payday Super from July 2026

By Sanday Chongo Kabange | 06/11/2025

The new law requires employers to pay superannuation contributions within seven days of payday, targeting billions in unpaid retirement funds.

Securities / Derivatives

ASIC's Publishes New Capital Markets Roadmap, Seeks New Powers

By Sanday Chongo Kabange | 05/11/2025

ASIC's new capital markets roadmap follows surveillance that found significant failings in the AUD 200 billion private credit sector.

ESG / Sustainability

ASX Appoints Ex-RBA Governor to Lead New Governance Body

By Sanday Chongo Kabange | 05/11/2025

The move follows recent criticism from the RBA and an investigation by ASIC into the exchange operator's governance and risk management.

Fintech / Regtech

APRA to Consult on Easing New Operational Risk Standard

By Sanday Chongo Kabange | 03/11/2025

APRA is proposing targeted changes to its new operational risk standard following industry feedback on dealing with market-mandated providers.