Australia

Conduct, Culture & Accountability

ASIC Conducting First Major Review of Broker Best Interests Duty

By Editors | 12/02/2026

ASIC is analysing aggregator data on product recommendations, supervision, and complaints, with enforcement action possible for serious breaches found in the review.

Structural Regulation

Australia Introduces Superannuation Reform Bill to Boost Retirement Savings

By Editors | 12/02/2026

New legislation aims to boost retirement savings for 1.3 million low-income workers and reduce tax breaks for high-balance accounts.

Structural Regulation

Australia Launches Review of Sovereign Debt Manager AOFM

By Sanday Chongo Kabange | 11/02/2026

Independent review to assess operations, capability and governance of the Australian Office of Financial Management following a recent internal restructure.

Clearing & Post-Trade

ASX Chief Helen Lofthouse to Step Down in May 2026

By Sanday Chongo Kabange | 11/02/2026

The departure comes as the ASX prepares for the first phase of its reset CHESS project and faces a regulatory probe.

Structural Regulation

Australia Proposes Major Governance Overhaul For Managed Funds

By Sanday Chongo Kabange | 11/02/2026

Proposals include mandatory external directors on boards and a ban on most related-party transactions following high-profile fund collapses.

Structural Regulation

Australia Urged to Mandate LEI Renewals to Safeguard Data Integrity

By Manesh Samtani | 10/02/2026

An industry leader calls for stronger regulatory enforcement to ensure data quality as the LEI's use expands beyond derivative reporting.

Cybersecurity

Australia Federal Court Penalises FIIG Securities for Cybersecurity Failures

By Mark Johnston | 10/02/2026

The Federal Court has ordered the fixed-income specialist to pay AUD 2.5 million for inadequate cybersecurity controls following a major data breach.

Anti-Money Laundering

Australian Banks Seek to Limit AUSTRAC's Proposed Product Ban Powers

By Manesh Samtani | 10/02/2026

The ABA has called for the new AML intervention powers to be restricted to high-risk sectors like crypto, not established banks

AI Risk & Governance

Australia’s CBA Details AI Governance Framework in Industry-First Report

By Sanday Chongo Kabange | 09/02/2026

New report outlines CBA's risk management processes, board-level oversight, and AI principles amid growing regulatory scrutiny of the technology.