ASIC announces new enforcement priorities
ASIC announced its enforcement priorities for 2025, detailing the key areas where it will direct resources and expertise in the 2025 calendar year. The priorities reflect the increased risk consumers are facing that are being driven by cost of living pressures and are aimed at protecting Australian from financial harm, whilst targeting people who try to take advantage of them.
The 2025 enforcement priorities will focus on:
- misconduct exploiting superannuation savings
- unscrupulous property investment schemes
- failures by insurers to deal fairly and in good faith with customers
- strengthening investigation and prosecution of insider-trading
- business models designed to avoid consumer credit protection
- misconduct impacting small business and their creditors
- debt management and collection misconduct
- licensee’s failure to have adequate cyber security protection
- greenwashing and misleading conduct involving all ESG claims
- auditor misconduct
- used car finance sold to vulnerable consumers by finance providers
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.
