Australia

Supervision & Enforcement

ASIC Sues Keystone Directors Over Alleged A$530m Scheme Failures

By Editors | 29/06/2026

Federal Court proceedings allege significant governance failures by former directors and compliance committee members involving investor funds.

Emerging Prudential Risks

Australia to Ban Residential Property Borrowing by SMSFs

By Sanday Chongo Kabange | 28/06/2026

The prospective ban has been criticised by industry as 'policy on the run' and a blow to 'mum and dad' investors.

Conduct, Culture & Accountability

ASIC Puts Car Lenders on Notice Over Distributor Oversight, High Fees

By Sanday Chongo Kabange | 26/06/2026

A review by ASIC has found significant consumer harm in the car loans sector, prompting action on high fees, poor sales practices, and lax oversight of third-party distributors.

Cryptocurrency

Australia Extends Crypto Licensing Deadline, Widens Compliance Pathways

By Sanday Chongo Kabange | 26/06/2026

ASIC has given digital asset firms an additional three months to apply for a licence and has expanded the available pathways to compliance.

Operational Risk

APRA Launches Formal Investigation Into Diversa Trustees

By Editors | 26/06/2026

The regulator is examining whether the superannuation trustee's executive pay decisions complied with prudential standards and trustees' duties.

Payments & Settlements

RBA Launches Major Review of Payments Regulation

By Sanday Chongo Kabange | 26/06/2026

The RBA is seeking industry feedback on a wide range of payment systems issues, including least-cost routing, BNPL, and the role of large digital wallets.

Market Data & Technology

RBA Paper Proposes Design Changes to Bolster SOFIA Benchmark

By Sanday Chongo Kabange | 25/06/2026

Research from Australia's central bank recommends mandatory exclusion of related-party trades and wider trimming to improve the new reference rate.

Cybersecurity

APRA Warns of 'Paradigm Shift' from Frontier AI, Quantum Threats

By Sanday Chongo Kabange | 25/06/2026

APRA official urges firms to urgently upgrade cyber practices, warning that new AI models present a 'paradigm shift' in risk and accelerate the threat of quantum computing.

Cybersecurity

Five Eyes Alliance Warns of Imminent AI Cyber Threat

By Sanday Chongo Kabange | 25/06/2026

The cybersecurity agencies of the 'Five Eyes' intelligence alliance say frontier AI will transform cyber risk in "months, not years", urging leaders to act.