AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION

AML / KYC

Australia Recorded Further Declines in Scam Losses in 2024

By Sanday Chongo Kabange | 12/03/2025

A new ministerial direction will strengthen the pathways for victims to seek compensation for scam losses.

Market Infrastructure

Australia Publishes Response to Clearing and Settlement Inquiry

By Sanday Chongo Kabange | 04/03/2025

The government already actioned two recommendations from the parliamentary inquiry, which focused on competition in clearing and settlement and the ASX CHESS replacement project.

AML / KYC

ASIC Intensifies Enforcement Efforts, Investment Scam Crackdown

By Thisanka Siripala | 03/03/2025

ASIC shut down more than 10,000 fraudulent websites since mid-2023 and launched 109 new investigations in H2 2024.

Enforcement

Australian Court Orders Allianz, AWP to Pay Criminal Fines

By Thisanka Siripala | 03/03/2025

ASIC filed criminal charges against Allianz and AWP in 2021 over false or misleading statements they made to consumers.

Securities / Derivatives

ASIC Examines Regulatory Settings for Capital Markets

By Manesh Samtani | 27/02/2025

ASIC is exploring how it can make public markets more attractive and enhance transparency in private markets.

Market Infrastructure

ASIC Issues New Clearing and Settlement Rules for ASX

By Sanday Chongo Kabange | 25/02/2025

ASX must ensure pricing of its clearing and settlement services is “transparent, fair and reasonable”, among other requirements.

Australia: Senate Inquiry Issues Recommendations on Super Industry Governance

By Thisanka Siripala | 19/02/2025

Senate Economics Committee report recommends several measures including empowering APRA to remove trustees with material conflicts of interest.

ASIC Updates Guidance on No-Action Letter and Relief Applications

By Thisanka Siripala | 14/02/2025

ASIC said it has improved and simplified its guidance regarding relief and no-action letters by centralising related guidance and amending outdated references

APRA Clarifies Lending Guidance to Boost Property Construction

By Sanday Chongo Kabange | 14/02/2025

APRA clarified that its 2017 guidance should not be taken to mean that banks should only finance property construction after it is 100% pre‑sold.