ASIC issues updated guidance for industry codes of conduct  

ASIC has released updated guidance (RG 183) on industry codes of conduct to reflect legislative reforms and streamline the approval process for the financial services and credit sectors. The changes clarify ASIC’s role and the criteria for code approval, aiming to bolster consumer confidence in voluntary industry codes. Read more here.


Organisations affected: All financial firms

Policies affected: Code of conduct

ASIC updates guidance on Product Disclosure Statements 

ASIC has released updated guidance (RG 168) that clarifies PDS obligations and integrates previously separate regulatory instruments. Key changes include updated details on compliance risks in Section D and revised guidelines for disclosing how labour standards and ESG factors influence investment decisions. Read more here.


Organisations affected: AFSL holders, Authorised Representatives and Product Issuers

Policies affected: Advice policies and procedures

ASIC publishes updated IDR data reporting handbook 

ASIC has released an updated IDR data reporting handbook early to accommodate new categories for Buy Now, Pay Later (BNPL), digital assets, and mutual risk products. While the upcoming January 2026 submission window remains unchanged, firms are urged to update their systems now to ensure readiness for the mandatory July–August 2026 reporting period. Read more here.


Organisations affected: AFS licensees that provide financial services to retail clients and all Australian credit licensees

Policies affected: Complaints Policies and Procedures

ASIC calls on Australian companies to adopt better practices to protect whistleblowers

ASIC’s Report 827 reveals significant disparities in whistleblower program maturity across corporate Australia, identifying common gaps in dedicated reporting channels, staff training, and employee feedback mechanisms. To mitigate risk and improve governance, the regulator urges firms to benchmark their current policies against these findings, noting that it will continue to monitor and engage with entities demonstrating non-compliant or immature practices. Read more here.


Organisations affected: All financial firms

Policies affected: Whistleblowing related policies 

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