Regulatory Radar Q1 2025
In this first edition of 2025, we present a comprehensive overview of the latest updates and initiatives shaping the regulatory landscape for the year ahead for the Australian insurance sector.
Key highlights include:
- The recently introduced Australian Treasury's Regulatory Initiatives Grid outlining financial services regulatory reforms for 2025 – 2026 across ASIC, APRA, ACCC and Treasury.
- APRA’s consultation on proposed changes to prudential governance framework for insurers, banks and superannuation trustees.
- The ICA’s response to the Flood Inquiry recommendations and Code review, providing an in-depth analysis of the General Insurance Industry Action Plan.
- The ACCC’s guidance on transitional arrangements for the new merger control regime, offering valuable insights into the regulatory landscape.
- The recent fines imposed on travel insurance companies for false and misleading statements following an ASIC investigation, underscoring the importance of compliance and transparency.
Download your copy of Regulatory Radar to gain a comprehensive overview of upcoming significant developments and their implications for the industry.
This publication constitutes a summary of the information of the subject matter covered. This information is not intended to be nor should it be relied upon as legal or any other type of professional advice. For further information in relation to this subject matter please contact the author.
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