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Regulatory

ASIC backs Australia's fintech edge as AI reshapes financial services

VINNY VUCAGO  |  FRIDAY, 22 MAY 2026
The Australian Securities and Investments Commission (ASIC) believes Australia is well placed to capitalise on accelerating financial innovation, as artificial intelligence (AI), digital finance and regulatory technology become increasingly embed across ...

Financial services failing to provide consistent outcomes: AFCA

MATTHEW WAI  |  FRIDAY, 22 MAY 2026
Latest findings from AFCA show that despite frameworks existing for consumer hardship, weaknesses arise in how those policies were implemented in practice.

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
APRA has intensified its supervision of superannuation trustees, insurers and banks as geopolitical instability, rapid artificial intelligence (AI) adoption and growing complexity in global markets reshape the financial risk environment.

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
The fresh proceedings add to the ongoing civil penalty proceedings ASIC launched against Equity Trustees in relation to the Shield Master Fund.

ASIC furthers simplification with regulatory roadmaps

ELIZA BAVIN  |  TUESDAY, 19 MAY 2026
ASIC said for the next six months it will prioritise working with APRA and other regulators to streamline and consolidate data requests and support the government's law reform.

Mulino targets retail investor protections, high-risk MISs: SIAA

KARREN VERGARA  |  TUESDAY, 19 MAY 2026
Assistant treasurer Daniel Mulino will target the flow of retail investor money into high-risk MIS, the SIAA Conference heard this morning, flagging how regulators will use their new funding bonanza to prevent another Shield and First Guardian Master ...

ASIC flags disclosure flaws in first wave of mandatory climate reports

VINNY VUCAGO  |  MONDAY, 18 MAY 2026
The Australian Securities and Investment Commission (ASIC) has raised concerns over the use of misleading disclaimers, inconsistent climate risk disclosures and unclear reporting assumptions in the first round of mandatory sustainability reports lodged ...

ASIC to receive $10m in FY27 to improve MIS supervision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The government will provide the market watchdog $10.3 million in the next financial year to enhance its ability to utilise data in its supervision of managed investment schemes.

ASX Advisory Group gives update on corporate governance revision

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The Advisory Group on Corporate Governance for the ASX has met for the third time, providing an update on the revision of the ASX's corporate governance principles, which were last updated in 2019.

ASFA expands technical implementation service

MATTHEW WAI  |  TUESDAY, 12 MAY 2026
The Association of Superannuation Funds of Australia (ASFA) is expanding its technical implementation service across all ASFA members, regardless of their membership status.