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Regulatory

ASIC suspends MW Planning AFSL over missing responsible manager

MATTHEW WAI  |  FRIDAY, 12 DEC 2025
ASIC has suspended the Australian financial services licence (AFSL) of MW Planning, a subsidiary of MWL Financial Group, after it failed to appoint a new responsible manager.

Mulino looks to reform CSLR

ELIZA BAVIN  |  THURSDAY, 11 DEC 2025
Assistant Treasurer and Minister for Financial Services Daniel Mulino says Treasury will release a discussion paper looking at reforms for the CSLR early next year.

ASIC issues $2.2m infringement notices

ANGELIQUE MINAS  |  THURSDAY, 11 DEC 2025
Some very well-known names have been lashed by the corporate regulator for failure to lodge financial reports on time.

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON  |  THURSDAY, 11 DEC 2025
APRA is imposing additional licence conditions on HESTA, finding it was inadequately prepared to effectively oversee and manage its recent administrator change.

ASIC class relief for digital assets now effective

MATTHEW WAI  |  WEDNESDAY, 10 DEC 2025
ASIC has successfully introduced two instruments on the Federal Register of Legislation relating to reliefs for secondary distribution of eligible digital assets and the omnibus account structures for those that are classified as financial products.

RBA opts to keep cash rate on hold

ANGELIQUE MINAS  |  WEDNESDAY, 10 DEC 2025
In deciding to leave the cash rate unchanged, RBA governor Michele Bullock warned a rate cut is unlikely anytime soon as inflationary pressures linger.

ASIC takes action on Spice Capital Partners, founder

KARREN VERGARA  |  WEDNESDAY, 10 DEC 2025
ASIC is taking further action against Spice Capital Partners and its founder Colin Oxlade for providing unlicensed financial services and financial product advice that ultimately raised nearly $2 million from investors.

APRA consults on CPS 230 amendments

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
APRA has asked regulated entities to engage with it on amendments to CPS 230 Operational Risk Management for non-traditional service providers.

ASIC releases legal obligations for private credit funds

ELIZA BAVIN  |  TUESDAY, 9 DEC 2025
ASIC said the catalogue should assist private credit fund operators in identifying and complying with existing regulatory obligations.

Benchmark report reveals crucial blind spots in whistleblower protections

MATTHEW WAI  |  THURSDAY, 4 DEC 2025
In a report published today, ASIC has outlined several key trends among companies' whistleblower policies, and where they need to improve.