Australia

ESG / Sustainability

Financial Regulators Failing on Nature Risk Despite Climate Progress, WWF Says

By Manesh Samtani | 12/12/2025

A global assessment finds major gaps in addressing risks from deforestation and water stress, urging APAC regulators to act.

Enforcement

APRA Imposes Licence Conditions on Super Fund HESTA Over Service Disruption

By Sanday Chongo Kabange | 11/12/2025

The action follows a prolonged outage that harmed members, with the regulator citing governance and risk management failures.

Enforcement

Australia Taps Super Sector to Cover Compensation Scheme Shortfall

By Sanday Chongo Kabange | 11/12/2025

The government will impose a special levy on super funds and other financial firms, sparking industry backlash over the precedent.

ASIC Urged to Enhance Oversight of Company Auditors

By Sanday Chongo Kabange | 10/12/2025

National audit office finds ASIC's supervision lacks depth, with recommendations for a major overhaul of its risk-based approach.

Market Infrastructure

APRA Proposes Easing Operational Risk Rules for Key Service Providers

By Sanday Chongo Kabange | 10/12/2025

The consultation seeks to exempt firms from some contractual requirements in CPS 230 for non-negotiable, market-mandated provider arrangements.

ASIC Publishes "Catalogue" of Obligations for Private Credit Funds

By Sanday Chongo Kabange | 10/12/2025

ASIC has published a new catalogue outlining key legal obligations for retail and wholesale private credit fund operators.

Crypto / Digital Assets

ASIC Finalises Licensing Relief for Stablecoin, Wrapped Token Intermediaries

By Sanday Chongo Kabange | 10/12/2025

New class relief exempts intermediaries from separate licensing and permits omnibus accounts for digital asset custody, building on earlier measures.

Enforcement

ASIC Sues Diversa Trustees Over First Guardian Super Fund Collapse

By Sanday Chongo Kabange | 10/12/2025

ASIC alleges major due diligence and monitoring failures by the superannuation trustee, seeking penalties and member compensation.

Enforcement

CBA Pays Record Penalty for Breaching Consumer Data Right Rules

By Sanday Chongo Kabange | 10/12/2025

The penalty comes after CBA failed to enable data sharing for some business accounts, forcing customers to use less secure workarounds.