Australia

Structural Regulation

APRA Proposes Major Overhaul of Financial Sector Governance

By Sanday Chongo Kabange | 17/06/2026

The regulator has released a draft prudential standard to harmonise rules, clarify board accountability, and address emerging risks across all regulated industries.

Market Abuse

ASIC Proposes New Regulatory Guide on Pre-hedging

By Sanday Chongo Kabange | 16/06/2026

ASIC is seeking feedback on draft guidance clarifying its expectations for market participants engaging in pre-hedging, aligning with global standards.

Supervision & Enforcement

ASX Admits Misleading Market on CHESS, Agrees A$20.5M Penalty

By Sanday Chongo Kabange | 15/06/2026

ASX has settled legal proceedings with ASIC over 2022 misleading statements about its CHESS replacement project.

Supervision & Enforcement

Australian Court Imposes Record A$300m Penalty for CFD Misconduct

By Editors | 15/06/2026

ASIC has secured a record penalty against three collapsed CFD brokers for systemic unconscionable conduct that targeted vulnerable investors and profited from their losses.

Fraud, Scams & Cybercrime

Australia Expands AFCA's Role to Cover New Scams Framework

By Sanday Chongo Kabange | 15/06/2026

AFCA has been authorised to act as the single external dispute resolution body for scams, bringing banks, telcos and digital platforms under one framework.

Conduct, Culture & Accountability

CA ANZ Targets Major Firms with Reviews Amid KPMG Ethics Scandal

By Sanday Chongo Kabange | 12/06/2026

The accounting body has launched targeted reviews into major firms and is advocating for legislative reform to strengthen whistleblower protections.

Market Abuse

Australia: KPMG, Lendlease, Law Firms Face Parliamentary Inquiry

By Sanday Chongo Kabange | 11/06/2026

A federal parliamentary inquiry will scrutinise allegations of data misuse at KPMG, calling top executives from the firm, its clients, and legal advisors to testify.

Supervision & Enforcement

ASIC Warns 'Straggler' Super Funds Over Death Benefit Claim Delays

By Sanday Chongo Kabange | 10/06/2026

ASIC has put superannuation trustees on notice, warning of further enforcement action amid persistent failures in handling death benefit claims.

PEPs & Sanctions

Australia, NZ Join Coordinated Sanctions on West Bank Settler Networks

By Editors | 10/06/2026

The measures, coordinated with the UK and Canada, target entities and individuals involved in financing settler violence.