Regulatory Updates

One of the significant findings from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (Royal …

See Bills introduced to Parliament, or exposure draft legislation released for consultation.

Building a Stronger and Fairer Super System Act 2026 – Draft Regulations. These draft regulations and explanatory material follow …

ASIC publishes ASX Inquiry Panel Final Report

ASIC published the ASX Inquiry Panel Final Report on 2 April 2026 following …

Following HN Hub T-REX Regulatory Update, Why understanding suspicious activity indicators matters, published March 2026, AUSTRAC has released a …

AUSTRAC and the Illicit Tobacco and E-Cigarette Commissioner wrote to the banking sector in late 2025 to raise awareness that …

AUSTRAC have recently completed two supervisory campaigns focusing on different parts of the foreign-owned banking sector, which identified weaknesses in …

MHITS Limited has been directed by AUSTRAC to appoint an external auditor to determine if it is meeting its AML/CTF …

In preparation for the commencement of the reformed AML/CTF regime, AUSTRAC engaged with 128 inactive businesses on the Digital Currency …

In last month’s T-REX, we let you know about amendments to the AML/CTF Rules. The Anti‑Money Laundering and Counter‑Terrorism …

AUSTRAC has reminded cryptocurrency ATM (CATM) providers of the importance of strong enhanced customer due diligence (“ECDD”) controls to help …

Enrolments opened on 31 March 2026 for businesses that will provide tranche 2 designated services. This includes a new enrolment …

The enrolment and registration forms have been updated to reflect the expanded and amended information that AUSTRAC now collects as …

AFCA published two new guides setting out AFCA’s expectations when a financial firm disputes AFCA’s jurisdiction to deal with a …

The FSCP released the outcome of a number of cases during the month.

The Panel issued a written direction for …

The Federal Government has introduced a general prohibition on advertising superannuation products during employee onboarding, following the passage of the …

ASIC has issued “warning notices” to four social media “finfluencers” suspected of providing unlicensed financial advice or engaging in misleading …

The Federal Court has ordered Money3 Loans Pty Ltd to pay penalties of $1.55 million for breaching responsible lending obligations …

The Federal Court has ordered Cigno Australia and its director Mark Swanepoel, and BSF Solutions and its director Brenton Harrison, …

ASIC has been busy updating a large number of Regulatory Guides and Info Sheets following the remaking of relief via …

As the fallout from the Shield Master Fund and First Guardian Master Fund collapses continues, Treasury has released a package …

This month, ASIC cancelled the following AFS licences on the basis that the licensees had ceased carrying on a financial …

After several false starts, the Federal Government has passed its long-awaited reforms to the AFS licensing exemptions for foreign financial …

ASIC has continued its extensive work in relation to the Shield and First Guardian fallout. Shield Master Fund and the …

ASIC banned several individuals from the financial services industry in April:

• Benjamin Godfrey, former director and responsible manager of …

The Federal Court ordered Oztures Trading Pty Ltd (trading as Binance Australia Derivatives) to pay a $10 million penalty for …

Legislation passed for 2027 commencement

On 1 April 2026, Parliament passed the Corporations Amendment (Digital Assets Framework) Bill 2025. …

Australia’s private credit market has accelerated rapidly, drawing in both retail and wholesale capital, evolving far beyond its once‑niche status. …

See Bills introduced to Parliament, or exposure draft legislation released for consultation.

Anti-Money Laundering and Counter-Terrorism Financing Transitional Rules 2026. These Rules are intended to support a smooth implementation of the …

ASIC appears at Parliament Joint Committee hearing

ASIC Deputy Chair Sarah Court delivered an opening statement at the Parliamentary Joint …

There have a been a number of changes to the AML/CTF documents available on HN Hub in March.

These changes …

ASIC has recently been successful in Federal Court proceedings against two former senior executives of The Star Entertainment Group Ltd. …

AUSTRAC has released targeted amendments to the Anti‑Money Laundering and Counter‑Terrorism Financing Rules 2025 as part of the broader AML/CTF …

Recent communications from AUSTRAC to wealth management and financial services businesses reinforce a message that has been steadily sharpening over …

The Office of the Australian Information Commissioner recently issued new guidance for existing and future reporting entities ahead of the …

The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2026 has been introduced into Parliament. The Bill proposes a range of …

The Financial Action Task Force, the global group that sets the international AML/CTF standards, has updated its:

• High-Risk Jurisdictions Subject …

AUSTRAC has released new guidance explaining how it will use its compulsory examination powers, providing greater clarity for businesses and …

AFCA received 111,373 complaints in the 2025 calendar year, an increase of 14 per cent from the 2024 calendar year. …

ASIC urged young Australians to “sense check” the information they see online, as new research shows nearly two thirds of …

ASIC released its enforcement and regulatory update for July to December 2025. The update revealed that ASIC’s enforcement action resulted …

This month, ASIC cancelled the following AFS and credit licences:

• Private Wealth Pty Ltd, following two payments by the …

ASIC Chair Joe Longo delivered a keynote address at the Asia Securities Industry & Financial Markets Association Annual Conference in …

As part of ASIC’s broader program to review, update and simplify its regulatory guidance, ASIC has withdrawn the following regulatory …

ASIC launched the Internal Dispute Resolution data dashboard, which provides information for the first time about IDR complaints reported by …

ASIC has remade multiple Instruments that provide relief from certain fundraising provisions that were due to sunset on 1 April …

ASIC remade several instruments without major amendments:

• ASIC Corporations (Non-cash Payment Facilities) Instrument 2026/167 – Federal Register of Legislation. …

The New South Wales Supreme Court ordered Macquarie Securities (Australia) Limited to pay a $35 million penalty for multiple systems-related …

The FSCP issued a reprimand after it determined that it reasonably believed that a relevant provider contravened sections 961B(1), 961G …