Australia

Conduct, Culture & Accountability

KPMG Australia Admits Client Data Leak Amid Calls for Tighter Regulation

By Sanday Chongo Kabange | 23/06/2026

The firm has admitted to leaking confidential client data as ASIC calls the scandal an "egregious breach of trust".

Custody & Infrastructure

ASIC Grants Financial Services Licence to OSL Group

By Editors | 22/06/2026

The Hong Kong-listed digital asset firm has been granted an AFSL by ASIC, authorising it to provide services to wholesale clients.

Reporting & Disclosures

ASIC Extends Licensing Relief for ESG Second Party Opinion Providers

By Editors | 22/06/2026

ASIC will not require certain ESG opinion providers to be licensed for another two years, citing upcoming climate rules.

Payments & Settlements

RBA Demands Faster Implementation of Governance Enhancements for RITS

By Sanday Chongo Kabange | 22/06/2026

Australia’s high-value payment system faces scrutiny over governance and risk management, with the central bank highlighting slow progress on key reforms.

Fraud, Scams & Cybercrime

New ASIC Chair Warns Banks on Systemic Failures, Scams and AI Governance

By Sanday Chongo Kabange | 22/06/2026

New ASIC Chair Sarah Court has warned banks against 'bungling the basics' while outlining key enforcement priorities including scams, financial hardship and AI governance.

Alternative Markets

Australia Proposes New Capital Gains Tax Concession for Startups

By Sanday Chongo Kabange | 21/06/2026

The Treasury has opened consultation on a new tax break for investors in innovative start-ups, designed to run alongside broader capital gains tax reforms set to begin in 2027.

Supervision & Enforcement

ASIC Clarifies Powers for Appointing Reviewing Liquidators

By Editors | 19/06/2026

New guidance details the process and criteria for appointing a liquidator to review an external administration, providing clarity for insolvency practitioners and stakeholders.

Conduct, Culture & Accountability

ASIC Expands Scrutiny of Superannuation Lead Generation

By Editors | 19/06/2026

The regulator has named an additional 19 entities as part of its ongoing review into practices that encourage consumers to switch super funds, bringing the total to 63.

Credit Risk

ASIC Puts Australian Private Credit Funds on Notice Over Valuations

By Sanday Chongo Kabange | 19/06/2026

ASIC has warned the private credit sector to ensure its upcoming asset valuations are accurate and realistic amid tightening market conditions.