ASIC’s 2026 enforcement priorities

ASIC has published its enforcement priorities for 2026.

ASIC’s enforcement priorities reflects its focus areas and include emerging issues and risks it will prioritise to detect, investigate and prosecute unlawful conduct affecting consumers, businesses and the economy.

Poor private credit practices, financial reporting misconduct, insurance complaints and claims handling, and misleading pricing are included in ASIC’s new enforcement priorities.

Continuing enforcement priorities are:

  • Strengthening the investigation and prosecution of insider trading conduct;
  • Predatory credit practices;
  • Continuing its work to hold those responsible to account for the collapse of the Shield and First Guardian Master Funds;
  • Unlawful practices seeking to evade small business creditors;
  • Holding super trustees to account for member services failures;
  • Auditor misconduct.

ASIC’s “enduring priorities” include:

  • Misconduct damaging market integrity, including insider trading, continuous disclosure breaches and market manipulation;
  • Misconduct impacting First Nations people;
  • Misconduct involving a high risk of significant consumer harm, particularly conduct affecting financially vulnerable customers.
  • Systemic compliance failures by large financial institutions resulting in widespread consumer harm;
  • New or emerging conduct risks within the financial system; and
  • Governance and directors’ duties failures.

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David Jacobson

Author: David Jacobson
Principal, Bright Corporate Law
Email:
About David Jacobson
The information contained in this article is not legal advice. It is not to be relied upon as a full statement of the law. You should seek professional advice for your specific needs and circumstances before acting or relying on any of the content.

 

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