ASIC announces its strategic priorities for 2025-26

ASIC released its Corporate Plan for 2025–26 outlining its priorities over the next year and beyond. It is directing resources to areas of high risk, continuing work on high risk super-switching and launching more than a dozen new regulatory initiatives. These include reviews of offset accounts, debt collection practices, whistleblower protections, and advice around establishing self managed super funds.

The Plan also formalises ASIC’s commitment to regulatory simplification, aiming to reduce complexity and improve stakeholder engagement, as noted above.

The focus on data, technology risks and strengthening cyber resilience, retirement outcomes and superannuation, climate–related financial risk and sustainable finance, protecting consumers, small business and investors, and strengthening financial market integrity remain key priorities.

ASIC has also reiterated its commitment to pursuing high penalties and jail sentences through the courts when necessary.

Disclaimer: This does not purport to be comprehensive or to render legal advice. You should not act based on any information contained in this publication without first obtaining specific professional advice. Consult your legal advisor to determine if this applies to you.