Whistleblower Policy and Procedure reminder

27 Aug – ASIC’s recent enforcement action against a company that was fined for whistleblower victimisation serves as a powerful reminder of the legal and financial risks involved in failing to protect whistleblowers. The firm was found to have breached the law by making public statements that caused detriment to a whistleblower. This case, the first of its kind brought by ASIC, underscores that firms must not take any action that could cause harm or retaliation against an individual who has made a protected disclosure, even if that action is unintentional. Read more here.

Policies affected: Whistleblower policy and procedures should be reviewed if required

Organisations affected:  Eligible AFSL holders and Market Participants

ASIC proposes major overhaul of Market Integrity Rules

27 Aug – ASIC has released Consultation Paper 386 (CP 386) to modernise its Market Integrity Rules (MIRs) for trading systems and automated trading, including the use of artificial intelligence. The proposed changes are extensive and will affect all market participants in Australia’s securities and futures markets. Key areas include formalising algorithmic trading governance, harmonising rules for securities and futures, and introducing enhanced monitoring and controls.

ASIC is seeking feedback from the industry with submissions due by October 22, 2025. Read more here.

Policies affected: Currently ASIC seeking consultation only – which closes 22 October 2025.

Organisations affected:  Market Participants

AUSTRAC unveils new AML/CTF rules

29 Aug – AUSTRAC has released the new Anti-Money Laundering and Counter-Terrorism Financing Rules 2025, which provide supplementary details to the amended AML/CTF Act. The new Rules are designed to help businesses manage financial crime risks and align with international best practices.

The changes will be implemented for current reporting entities beginning on March 31, 2026. Read more here.

Policies affected: AML/CTF Policies. These changes take effect 31 March 2026, but firms should start looking at the rules and consider what changes will be required in AML/CTF Policy and supporting AML procedural documentation.

Organisations affected:  AUSTRAC registered entities

Contact MIntegrity today for a confidential consultation and expert regulatory support.

← Back to Blog