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Securities / Derivatives
NZ’s FMA Consults on Class Exemption for Debt Security Buybacks
By Thisanka Siripala | 18/06/2025
The exemption would allow listed issuers to bypass certain unsolicited offer requirements, provided alternative disclosure obligations are met.

Enforcement
ASIC Rejects Licence Application by Debt Management Firm
By Thisanka Siripala | 18/06/2025
ASIC rejected a credit licence application from Bakken Holding, citing ongoing court proceedings over alleged misconduct by the firm.

ESG / Sustainability
Australia Releases First National Sustainable Finance Taxonomy
By Thisanka Siripala | 17/06/2025
The taxonomy provides voluntary classification standards for green and transition investments across six high-emitting sectors.

Enforcement
ASIC Launches Inquiry into “Serious” Capability Failures at ASX
By Sanday Chongo Kabange | 16/06/2025
ASIC will examine ASX’s governance capability and risk management frameworks following repeated and serious failures.

ESG / Sustainability
IFRS Publishes Jurisdictional Profiles on ISSB Standards Adoption
By Manesh Samtani | 13/06/2025
The profiles show jurisdictional progress in adopting the ISSB standards, highlighting APAC’s commitment and diverse approaches.

Capital / Liquidity
APRA Consults on Revised Capital Framework for Annuity Products
By Thisanka Siripala | 13/06/2025
APRA seeks feedback on redesigned illiquidity premium and additional safeguards to support competitive pricing of annuity products.

AML / KYC
Australia: Ransomware Payment Reporting Requirement Now in Effect
By Thisanka Siripala | 13/06/2025
Businesses and critical infrastructure operators must report ransomware payments within 72 hours or face civil penalties.

ACCC Clears Allianz Takeover of RAA Insurance in Australia
By Thisanka Siripala | 13/06/2025
The ACCC said the deal is unlikely to substantially lessen competition in South Australia’s insurance market.

Enforcement
ASIC Bans ex-Financial Adviser for 10 Years Over Crypto Scam
By Thisanka Siripala | 13/06/2025
ASIC says Rogan misled clients into investing in a fraudulent cryptocurrency platform while posing as a licensed adviser.

Market Infrastructure
ASX Confirms Plan to Replace TradeAccept System in 2026
By Thisanka Siripala | 13/06/2025
Most proposals from a March 2025 consultation will proceed as planned. ASX made some technical adjustments to address feedback.
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