On 5 November 2025, the Australian Securities and Investments Commission (ASIC) issued a copy of the speech that its Chair Joe Longo gave to the National Press Club, and also released a report entitled Advancing Australia’s evolving capital markets: Discussion paper response (REP 823).
In the speech, Mr Longo discussed the
On 31 October 2025, the Australian Securities and Investments Commission (ASIC) announced a new public Reportable Situations dashboard which contains information about licensees’ self-reported breaches.
The dashboard, which is intended to provide an uplift in the compliance and reporting practices of licensees across the financial services and credit space, will provide insights and
On 31 October 2025, the Australian Securities and Investments Commission (ASIC) released findings from its financial reporting and audit surveillances for the 12 months to 30 June 2025 (REP 819).
Background
REP 819 is the third and final report from ASIC’s expanded program of work to improve financial report and audit
On 31 October 2025, the Australian Prudential Regulation Authority (APRA) issued a press release stating that it will consult on targeted amendments to CPS 230 Operational Risk Management (CPS 230) by the end of 2025. This follows industry feedback highlighting challenges when applying the new standard’s contractual obligations to arrangements with
On 31 October 2025, the Government issued a discussion paper on foreign investment framework reforms.
In 2024, the Government announced policy and practice reforms to make Australia’s foreign investment settings work better for investors, the national interest and the economy. The Government now believes that further reforms are now required to continue its streamlining and
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