- misleading pricing practices impacting cost of living;
- poor private credit practices;
- financial reporting misconduct, including failure to
ASIC announces 2026 enforcement priorities
ASIC takes insurer to court alleging misleading insurance renewal comparisons
As part of its 2025 enforcement priorities, the Australian Securities and Investments Commission (ASIC) has been taking on insurers it says haven’t treated customers fairly or in good faith. In its latest move, announced on 23 September 2025, the regulator initiated proceedings in the Federal Court against RACQ Insurance Limited (RACQ)
HMT consults to support new risk transfer solutions in the insurance industry
On 15 July 2025, HM Treasury (HMT) published a consultation paper on proposing new flexibilities to promote innovation and facilitate a wider range of transaction structures within the Risk Transformation Regulations.
The Risk Transformation Regulations 2017 (RTR) cover the issuance of insurance linked securities (ILS) and the use of
FCA and FOS MoU on their respective roles and functions including cooperation mechanisms
On 15 July 2025, the Financial Conduct Authority (FCA) published its Memorandum of Understanding (MoU) between the FCA and the Financial Ombudsman Service (FOS).
The MoU provides a framework for and describes how the FCA and FOS will cooperate and consult with each other in the exercise of their
APRA consults on minor updates to Private Health Insurance (Health Benefits Fund Enforcement) Rules 2015
On 14 July 2025, the Australian Prudential Regulation Authority (APRA) issued a consultation on minor updates to the Private Health Insurance (Health Benefits Fund Enforcement) Rules 2015 (the Rules).
Background
The Rules set requirements on enforcement matters. They provide for procedural matters relating to voluntary deeds of arrangement, external manager recommendations that
European Parliament and Council agree on new out-of-court consumer redress rules
On 26 June 2025, the European Parliament and Council reached a provisional agreement to update the existing alternative dispute resolution (ADR) framework. The most recent legislation for ADR consumer disputes was adopted by the European Commission (Commission) on 17 October 2023, amending Directive 2013/11/EU and the Online Dispute Resolution (ODR
BoE annual report on the Prescribed Persons (Reports on Disclosures of Information) Regulations 2017
On 27 June 2025, the Bank of England (BoE) published its latest annual report on the Prescribed Persons (Reports on Disclosures of Information) Regulations 2017.
The BoE, including the Prudential Regulation Authority (PRA) as one of its constituent parts, are both Prescribed Persons as defined under the Public Interest Disclosures (Prescribed
New DOJ FCPA guidance focused on vindicating US interests abroad
In February, President Trump signed Executive Order 14209, which paused enforcement of the Foreign Corrupt Practices Act (FCPA) pending new guidance to prosecutors on how the principal US foreign corruption statute would be enforced going forward. On June 9, 2025, Deputy Attorney General Todd Blanche issued the new DOJ guidelines for FCPA investigations
FCA leads international crackdown on illegal finfluencers
On 6 June 2025, the Financial Conduct Authority (FCA) issued a press release stating that together with other regulators from around the world it had taken part in a week of action to protect social media users from illegal financial promotions by rogue finfluencers.
Steve Smart, joint executive director of enforcement and market
Commission opens infringement procedures against Member States for failing to transpose DORA
On 27 March 2025, the European Commission issued a press release stating that it was taking action against several EU Member States that have failed to notify the Commission of measures they have adopted to transpose EU Directives into their national laws.
Among other things the press release notes that the Commission has decided to