ASIC highlights financial reporting and audit findings for FY 2024–25 as part of expanded program of work

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ASIC has released findings from its financial reporting and audit surveillances for the 12 months to 30 June 2025. Report 819 ASIC’s oversight of financial reporting and audit 2024–25 (REP 819) outlines:... Read more continue reading

Updated ASIC guidance supports digital asset innovation and boosts investor protection

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ASIC has clarified how existing laws apply to digital assets, giving investors improved protections and providing firms with greater certainty to operate and innovate. ASIC also confirmed transitional support ahead... Read more continue reading

Australia’s draft crypto legislation marks significant step forward

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We are pleased to see the government’s progress in regulating digital assets through two recently released draft legislation packages: (1) digital asset and tokenisation platforms, and (2) Tranche 1 of... Read more continue reading

Super funds and government urged to adopt new financial advice framework

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A new framework published by the Actuaries Institute yesterday could greatly assist millions of Australians to access a broader range of support to improve their financial decision-making and wellbeing. The... Read more continue reading

Australian digital asset reform could spark a new era of financial innovation

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“The upcoming digital asset legislation represents a pivotal moment for Australia’s financial ecosystem — one that could finally provide the clarity and legitimacy the industry has been seeking for years.... Read more continue reading

ASIC flags risks in offshore outsourcing after review identifies governance gaps

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ASIC is calling on financial services entities to strengthen governance and risk management after a review found weaknesses in the use of offshore service providers (OSPs) exposing consumers and investors... Read more continue reading

Elevating standards in Australia’s private credit sector – ASIC REP 814

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Private credit has emerged as one of the fastest-growing segments of Australia’s capital markets, now estimated at around A$200 billion. Its rise reflects a pullback in traditional bank lending and... Read more continue reading

Independent review of the Life Insurance Code of Practice invites public feedback

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The independent review of the Life Insurance Code of Practice (the Life Code) has released a Consultation Paper, inviting feedback from key stakeholders and the public on how the Life... Read more continue reading

Improving consumer outcomes is everyone’s job

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Alan Kirkland Keynote address by ASIC Commissioner Alan Kirkland at the Institute of Managed Account Professionals Independent Thought Conference in Sydney on 15 October 2025. Key points The responsibility for... Read more continue reading

ASIC sends clear message to super trustees amid glaring retirement communications gaps

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ASIC is concerned that many Australians may not have the information they need to make confident and informed decisions about retirement after a review identified a lack of urgency in... Read more continue reading