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ARTICLE · 06 JULY 2025

Regulatory Radar Q2 2025

Developments underscore the need for proactive legal and compliance strategies.

AustraliaCorporate/Commercial Law

Key highlights include:

  • ASIC's enforcement focus: ASIC ramps up action on cybersecurity, unfair contracts, and claims handling.
  • Sustainability reporting: ASIC's Regulatory Guide 280 outlines climate-related risk disclosure expectations and director responsibilities for entities required to prepare sustainability reports.
  • Quality of Advice Review – Tranche 2 reforms: Treasury's consultation on proposed reforms toadvice documentation, superannuation charging rules, and member engagement.
  • ACCC's merger control regime: Introduction of the new regime begins with transition from 1 July 2025 (voluntary notifications) and 1 January 2026 (mandatory notifications).
  • Privacy law reform: Introduction of a statutory tort for serious invasions of privacy, with direct legal remedies for individuals.

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