Regulatory Updates

Australia’s private credit market has accelerated rapidly, drawing in both retail and wholesale capital, evolving far beyond its once‑niche status. …

See Bills introduced to Parliament, or exposure draft legislation released for consultation.

Anti-Money Laundering and Counter-Terrorism Financing Transitional Rules 2026. These Rules are intended to support a smooth implementation of the …

ASIC appears at Parliament Joint Committee hearing

ASIC Deputy Chair Sarah Court delivered an opening statement at the Parliamentary Joint …

There have a been a number of changes to the AML/CTF documents available on HN Hub in March.

These changes …

ASIC has recently been successful in Federal Court proceedings against two former senior executives of The Star Entertainment Group Ltd. …

AUSTRAC has released targeted amendments to the Anti‑Money Laundering and Counter‑Terrorism Financing Rules 2025 as part of the broader AML/CTF …

Recent communications from AUSTRAC to wealth management and financial services businesses reinforce a message that has been steadily sharpening over …

The Office of the Australian Information Commissioner recently issued new guidance for existing and future reporting entities ahead of the …

The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2026 has been introduced into Parliament. The Bill proposes a range of …

The Financial Action Task Force, the global group that sets the international AML/CTF standards, has updated its:

• High-Risk Jurisdictions Subject …

AUSTRAC has released new guidance explaining how it will use its compulsory examination powers, providing greater clarity for businesses and …

AFCA received 111,373 complaints in the 2025 calendar year, an increase of 14 per cent from the 2024 calendar year. …

ASIC urged young Australians to “sense check” the information they see online, as new research shows nearly two thirds of …

ASIC released its enforcement and regulatory update for July to December 2025. The update revealed that ASIC’s enforcement action resulted …

This month, ASIC cancelled the following AFS and credit licences:

• Private Wealth Pty Ltd, following two payments by the …

ASIC Chair Joe Longo delivered a keynote address at the Asia Securities Industry & Financial Markets Association Annual Conference in …

As part of ASIC’s broader program to review, update and simplify its regulatory guidance, ASIC has withdrawn the following regulatory …

ASIC launched the Internal Dispute Resolution data dashboard, which provides information for the first time about IDR complaints reported by …

ASIC has remade multiple Instruments that provide relief from certain fundraising provisions that were due to sunset on 1 April …

ASIC remade several instruments without major amendments:

• ASIC Corporations (Non-cash Payment Facilities) Instrument 2026/167 – Federal Register of Legislation. …

The New South Wales Supreme Court ordered Macquarie Securities (Australia) Limited to pay a $35 million penalty for multiple systems-related …

The FSCP issued a reprimand after it determined that it reasonably believed that a relevant provider contravened sections 961B(1), 961G …

ASIC launched civil penalty proceedings against Auto & General this month alleging that the insurer made representations which were false …

ASIC has continued its extensive work in relation to the Shield and First Guardian fallout. Shield Master Fund and the …

ASIC released its latest round-up of regulatory developments and issues affecting financial advice licensees.

Review of lead generation services

ASIC …

Senior Executive Leader of ASIC’s Fintech team, Dr Rhys Bollen, presented his paper “When History Rhymes: Regulating Digital Assets” …

ASIC released a consultation paper seeking feedback on options for increasing the net tangible assets requirement for responsible entities. The …

Treasury released a discussion paper to seek feedback on ways to prevent perpetrators of family and domestic violence from receiving …

Treasury launched a consultation on proposed changes to the education standard for financial advisers. The proposed new standard would require …

On 11 March 2026, Treasury released the full package of Tranche 1 exposure draft legislation, which sets out a …

Holley Nethercote’s AML/CTF Implementation Plan Template is now available on HN Hub.

The Template is available to subscribers with access …

Greenwashing is a term often used across the financial services industry, yet is frequently misunderstood. At its core, it refers …

CS 44 Proposed extension of relief for intra-fund transfers. This Simple Consultation by ASIC seeks feedback on a proposal …

ASIC takes action against SMSF auditors

ASIC took action against 28 SMSF auditors in the first half of the 2025-26 …

AUSTRAC has released its Program Starter Kits to support sole practitioner and small low complexity businesses which will be required …

AUSTRAC recently consulted on proposed amendments to the new Anti‑Money Laundering and Counter‑Terrorism Financing Rules 2025 that were finalised in …

The Fintel Alliance along with subject matter experts from AUSTRAC recently completed three days of targeted action to identify individuals …

As well as preparing for reforms due to take effect from 31 March 2026, current reporting entities should ensure that …

The clock is ticking for existing reporting entities to get their affairs in order by 31 March 2026.

New AML/CTF …

AFCA recently rolled out system improvements to its member portal. As part of the improvements, AFCA requests that members use …

The latest deadline for six monthly IDR reporting was 28 February 2026. ASIC has a webpage explaining how to meet …

The OAIC has released a statement following the Administrative Review Tribunal’s decision on Bunnings Group Limited’s use of facial recognition …

Following an investigation and referral by ASIC, former finance director Brendan Gunn has pleaded guilty to dealing with more …

ASIC has released CS 45 Proposed remake and sunset of financial reporting-related legislative instruments, seeking feedback on its proposal …

The Federal Court has ordered FIIG Securities Limited to pay $2.5 million in pecuniary penalties after ASIC brought a case …

ASIC has updated Regulatory Guide 26 Resignation, removal and replacement of auditors (RG 26) to reflect changes to …

Fundhost Limited has paid its ASIC-issued infringement notice of $19,800. The notice followed ASIC alleging that, as responsible entity …

This month, ASIC cancelled the following AFS and ACL licences:

• Centre Capital Securities Pty Ltd, for failing to pay …

ASIC has commenced a new review of advice licensees using lead generation services as part of its ongoing program of …