On 29 October 2025, the Australian Securities and Investments Commission (ASIC) updated Information Sheet 225 Digital assets: Financial Products and Services (INFO 225).
Background
In December 2024, ASIC consulted on updates to INFO 225 (CP 381) to clarify when certain digital assets are financial products. CP 381 also sought
On 28 October 2025, Treasury released for consultation the draft Payment Systems Legislation Amendment (2025 Measures No. 1) Regulations 2025 (the draft Regulations) and its Explanatory Statement.
The purpose of the draft Regulations is to support the amendments in Schedule 1 to the Treasury Laws Amendment (Payments System Modernisation) Bill 2025 (the Bill)
On 28 October 2025, APRA Member Suzanne Smith delivered a speech titled “A time‑tested approach for a new world of technological risks,” outlining APRA’s observations and expectations on cyber security, legacy systems, cloud and third‑party risk, data management, and the responsible adoption of AI.
Cyber security
In APRA’s latest stakeholder survey, 91% of banks, insurers
On 28 October 2025, the Australian Securities and Investments Commission (ASIC) published a speech by Commissioner Alan Kirkland titled “Keeping the customer front and centre.”
Commissioner Kirkland underscored that putting the customer first is not optional for financial services firms. Many aspects of this obligation are embedded in law, with the design and
Introduction
The Australian Government has released exposure draft legislation that, if passed, will significantly transform the regulatory framework in the digital assets space. The proposals aim to bring digital asset and tokenised custody platforms within the financial services regulatory perimeter under the Corporations Act 2001 (Cth) (Corporations Act), requiring operators of them to
On 24 October 2025, the Australian Prudential Regulation Authority (APRA) provided an update on its earlier consultation to modernise the prudential framework on governance for banks, insurers and superannuation trustees.
Background
In March, APRA proposed eight measures to update its cross-industry prudential standards and guidance on governance for the first time in more
On 17 October 2025, Treasury issued the second edition of the Regulatory Initiatives Grid (RIG). The RIG is available in three formats: a comprehensive RIG Report, an interactive dashboard, and an Excel workbook.
As with the first edition, the second edition of the RIG outlines upcoming initiatives from financial agencies. However, in order
On 16 October 2025, the Australian Securities and Investments Commission (ASIC) published the keynote address provided by ASIC Commissioner Alan Kirkland at the Institute of Managed Account Professionals Independent Thought Conference. The keynote address is entitled Improving consumer outcomes is everyone’s job.
Responsibility
In his speech Commissioner Kirkland focused on consumer outcomes
Australian Prudential Regulation Authority (APRA) has published the remarks made by its Deputy Chair, Margaret Cole at the FSC Innovation in Retirement conference held on 16 October 2025.
In her remarks Margaret Cole noted that Australia is an aging population. Assets in retirement products are predicted to grow from $575 billion to around