Sarah Court is taking the helm of a harder-edged ASIC. Now attention turns to a fresh question: who will be her enforcement sidekick?
Australian Securities and Investments Commission
ASIC
Private credit funds are focused on improving their credit systems and governance and are making AI hires to cope with the increased workflow.
The outgoing ASIC chair warns that technology and relentless financial advertising are leaving Australians overwhelmed and making poor investment choices.
ANZ chair Paul O’Sullivan and the board survived a second strike and a blistering AGM as furious shareholders and staff slammed governance, job cuts and board pay.
The central bank's deputy governor and an official from the Australian Signals Directorate have both warned that geopolitical tensions are exacerbating the risks to financial system stability.
Eagerly awaited rules would bring digital asset platforms into the AFSL regime, while giving the responsible minister flexibility to redefine its limits.
The global crypto platform backs a licensing regime for exchanges and digital wallets but has warned against any moves to directly regulate underlying digital assets like stablecoins.
The corporate watchdog says regulation isn’t the problem, but its heavy hand risks becoming a handbrake on growth and innovation.
Australia’s largest superannuation fund has backed regulatory intervention as it acknowledges super funds need to do more to safeguard members’ money.
Exclusive research by East & Partners and Capital Brief has found that private credit take up by corporates is surging, despite growing regulatory scrutiny of the sector.
The corporate watchdog has put ratings houses on notice, shining a light on the industry’s pay-to-play business model.
As Joe Longo nears the end of his term as ASIC chair, he leaves a regulator that is more visible, litigious and image-conscious than the bruised one he inherited.
Corporate lawyers have variously described the regulator's overlooked proposals to reform public markets as "encouraging" and lacking detail.
The ANZ chief executive has firmly pushed back on his critics, arguing he has the right strategy in place – now he just needs to execute.
In a rare show of openness to regulation, private credit funds say ASIC’s push for more transparency could go even further.
Three industry associations have cautiously backed ASIC's plan for more transparency in private markets, as the regulator flagged potential action against funds engaging in poor practices.