Australia

On 4 June 2026, the Australian Prudential Regulation Authority (APRA) published a letter that responds to submissions to its consultation on a new pathway to internal ratings-based (IRB) accreditation.

APRA has also published the final revised Prudential Standard APS 113 Capital Adequacy: Internal Ratings-based Approach to Credit Risk (APS 113

On 10 June 2026, the Australian Securities and Investments Commission (ASIC) issued Report 831 ‘Delivering on death benefits: Have super trustees stepped up?’ (REP 831).

Background

In November 2024, ASIC made a commitment to check in on the progress all superannuation trustees were making in improving their death benefit claims handling

On 9 June 2026, the Australia Securities and Investments Commission (ASIC) updated Regulatory Guide 234 Advertising financial products and services (including credit) (RG 234) following a consultation.

RG 234 is for entities including promoters of financial products, financial services, credit products and credit services, and publishers of advertising for these

In this latest edition of Regulation Around the World, we focus on the global transformation of the settlement of securities transactions, as many jurisdictions begin to shift from a standard settlement timeline of two business days after trade to just one. In this issue, we examine these developments, exploring the regulatory frameworks, cross-border challenges and technological

3 April – 3 May 2026

Introduction

ESG is changing the landscape for financial institutions as stakeholders, including investors, increasingly expect them to make their operations more sustainable.

Financial services regulators also view ESG as a priority, embedding the principles of climate-related financial risks into their supervisory frameworks and dealing with greenwashing issues.

There is

A decade ago, “silent cyber” forced the market to confront unintended, unpriced coverage lurking among traditional policy lines. The same dynamic is now playing out with artificial intelligence, and it is accelerating faster than policy language, underwriting questionnaires or claims protocols can adapt. The result is a growing category of “silent AI” exposure, being AI-related

A decade ago, “silent cyber” forced the market to confront unintended, unpriced coverage lurking among traditional policy lines. The same dynamic is now playing out with artificial intelligence, and it is accelerating faster than policy language, underwriting questionnaires or claims protocols can adapt. The result is a growing category of “silent AI” exposure, being AI-related