Conduct, Culture & Accountability

ASIC Review Finds Widespread Failings in Australian SMSF Advice

07/11/2025

A risk-based review by ASIC found 62 percent of advice files failed the best interests duty, prompting warnings of enforcement action.

Reporting & Disclosures

ASIC Penalises Super Funds HESTA and Prime Super for Greenwashing

07/11/2025

The two funds paid a combined AUD 56,340 in penalties for misleading statements about their ESG investment policies on tobacco and carbon emissions.

Fraud, Scams & Cybercrime

China Proposes Update to Corporate Rules to Combat Fraud

06/11/2025

The draft rules would expand financial supervision to all companies, not just state firms, and introduce specific penalties for violations.

Emerging Prudential Risks

ASIC Warns of 'Minsky Moment' in Australian Private Credit Market

06/11/2025

ASIC is calling for urgent market innovation and warns of potential law reform if industry practices in the AUD 200 billion sector do not improve.

Fraud, Scams & Cybercrime

Hong Kong Charges 16 in HK$1.6b JPEX Crypto Fraud Case

06/11/2025

Charges include conspiracy to defraud and the first use of a new law against the reckless inducement of virtual asset investments.

Cryptocurrency

BlackRock to Launch iShares Bitcoin ETF in Australia

06/11/2025

The move expands BlackRock’s crypto offerings to the APAC region, providing regulated local access.

Fraud, Scams & Cybercrime

SFC Issues Lifetime Ban to Former Hang Seng Banker

06/11/2025

The SFC's action follows a criminal conviction and 30-month prison sentence for the theft of more than HKD 1.5 million.

Supervision & Enforcement

Australia Passes Law Mandating Payday Super from July 2026

06/11/2025

The new law requires employers to pay superannuation contributions within seven days of payday, targeting billions in unpaid retirement funds.

Credit Risk

ASIC Publishes New Capital Markets Roadmap, Seeks New Powers

05/11/2025

ASIC's new capital markets roadmap follows surveillance that found significant failings in the AUD 200 billion private credit sector.