From Awareness to Action: ASIC and APRA Sound the Alarm on Frontier AI
The message from Australia’s financial regulators is crystal clear: awareness of frontier AI risks is no longer enough – decisive action is required…
Why Governance Frameworks Fail (and How to Fix Them)
Strong governance frameworks are a cornerstone of any Australian Financial Services Licence (AFSL) holder’s compliance posture…
Governance and Risk Management Forum 2026 – Key Takeaways
In a year of heightened uncertainty, boards and executives are operating in an environment where risk, ethics and accountability are being tested…
Industry Impacts From The Fallout of Shield & First Guardian Funds
Recent fallouts of the Shield and First Guardian schemes brought attention to the federal Treasury surrounding the use of outsourced trustees on wealth platforms…
Superannuation Switching
A recent article by the AFR “The magic number behind the super switching trend” has quantitively highlighted core trends that have been taking place across…
AML/CTF Meets Privacy: Key Takeaways from the OAIC’s Latest Guidance
The Office of the Australian Information Commissioner (OAIC) has released updated guidance that sharpens the focus on how businesses must balance..
ASIC reduces complaints reporting frequency for small banks
ASIC has approved a no-action stance to instantly decrease small banks’ internal dispute resolution (IDR) data reporting from six months to one year…
General Regulatory Update
A recent shift in ASIC’s approach to various matters in the regulatory space has put asset managers, private lenders and advisory businesses on notice…
AML/CTF Law Changes – Tipping Off Offence Update
Key Changes Effective Now:
– Businesses and individuals bound by AML/CTF laws must now assess…
First Tranche of Privacy Reforms Passed
The Privacy and Other Legislation Amendment Bill 2024 (Cth) has been passed by both Houses of Parliament…