ATO targets promoters of early release of super schemes

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The Australian Taxation Office (ATO) has released new data showing the number of applications approved for compassionate release of super has decreased by 5%. ATO Deputy Commissioner Ben Kelly said... Read more continue reading

ASIC’s annual report outlines strong enforcement and consumer outcomes

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ASIC secured court orders for civil penalties of $830 million and helped secure more than $580 million in repayments and refunds for consumers and investors during 2025-26, its latest annual... Read more continue reading

ASIC consults on implementation of new digital asset laws

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ASIC has commenced consultation on guidance and standards to implement new laws for digital asset platforms and tokenised custody platforms commencing on 8 April 2027. ASIC’s Consultation Paper 392 Digital... Read more continue reading

Fortnum Private Wealth penalised $1.35 million for cybersecurity failures

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Fortnum Private Wealth Ltd has been ordered by the Supreme Court of NSW to pay a $1.35 million penalty after admitting it failed to adequately manage cybersecurity risks across its... Read more continue reading

ASIC review highlights need for stronger scrutiny of super fund valuations

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ASIC’s second review into the financial reporting and audit of superannuation funds has found further improvement is needed in how some super funds and auditors assess and scrutinise the value... Read more continue reading

ASIC review finds room for improvement in mortgage brokers’ best interests duty practices

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The mortgage broking industry should strengthen how it demonstrates that home loan recommendations are in their customers’ best interests, an ASIC review has found. Released today, ASIC Report 840 Mortgage brokers:... Read more continue reading

ASIC Annual Forum 2026 explores how Australia can stay ahead of the next wave of global change

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ASIC has released the program for its Annual Forum 2026, which will bring together leaders from business, financial services, markets, government, and the community in Sydney on 17 and 18... Read more continue reading

ASIC releases 2026–27 supervisory priorities to support better regulation and give industry greater certainty

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ASIC has published its supervisory priorities for 2026-27 for the banking, superannuation, general insurance, life insurance and financial markets sectors to provide greater transparency of priorities and give industry early... Read more continue reading

ASIC strengthens AI trading safeguards and streamlines market integrity rules

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ASIC is strengthening safeguards for automated and AI-enabled trading while streamlining regulatory requirements for securities and futures market participants under incoming changes to its Market Integrity Rules (MIRs). The reforms... Read more continue reading

Peter Kell appointed to lead 2026 independent review of BCCC

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The Banking Code Compliance Committee (BCCC), the independent body responsible for monitoring banks’ compliance with the Banking Code of Practice, has appointed Peter Kell to conduct an independent review of... Read more continue reading