Treasury has released the Regulatory Initiatives Grid – Edition 3, which lists announced and publicised regulatory reform priorities and initiatives that will materially affect the financial sector over the next 2 years, as reported by ASIC, APRA, AUSTRAC, ATO, RBA, ACCC, AFSA, and the Department of Home Affairs.

The RIG covers 8 financial sectors (banking/credit, investment management, financial advice, financial markets, insurance, payment services/digital assets, superannuation, and other) and organises initiatives into 4 lifecycle categories: policy development, development of legislation, regulations and instruments, ongoing program implementation, and review and evaluation.

Listed regulatory changes are indicative only and remain subject to change including, for example, to reflect changes in priorities and/or the market environment.

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Author: David Jacobson
Principal, Bright Corporate Law
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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.