Summary of enforcement outcomes: July to December 2025

This page provides an overview on ASIC’s enforcement actions in a particular six-monthly period. The data below reflects the period 1 July to 31 December 2025.

Summary of enforcement outcomes

Figure 1: Summary of enforcement outcomes (1 July to 31 December 2025)

Note: Figure 1 summarises all enforcement outcomes recorded between 1 July and 31 December 2025, including those that have not been reported in public announcements. For example, outcomes arising from summary prosecutions for strict liability offences are not generally announced in ASIC media releases.

Financial services enforcement outcomes

Table 1: Financial services enforcement outcomes (number of respondents by misconduct and remedy type)

Misconduct type	Criminal	Civil	Administrative	Total
Credit misconduct	-	10	17	27
Financial advice misconduct	-	1	20	21
Insurance misconduct	-	2	3	5
Investment management misconduct	2	21	3	26
Superannuation misconduct	2	1	4	7
Other financial services misconduct	1	13	19	33
Total	5	48	66	119

Table 2: Financial services enforcement litigation in progress (number of matters as at 2 January 2026)

Misconduct type	Criminal	Civil	Total
Credit misconduct	-	14	14
Financial advice misconduct	-	1	1
General insurance misconduct	-	6	6
Life insurance misconduct	-	3	3
Investment management misconduct	2	7	9
Superannuation misconduct	1	9	10
Other financial services misconduct	21	17	38
Total	24	57	81

Markets enforcement outcomes

Table 3: Markets enforcement outcomes (number of respondents by misconduct and remedy type)

Misconduct type	Criminal	Civil	Administrative	Total
Continuous disclosure	-	2	1	3
Insider trading	3	-	-	3
Market manipulation	5	-	-	5
Other market misconduct	-	1	2	3
Total	8	3	3	14

Table 4: Markets enforcement litigation in progress (number of matters as at 2 January 2026)

Misconduct type	Criminal	Civil	Total
Continuous disclosure	-	6	6
Market manipulation	1	2	3
Insider trading	5	-	5
Other market misconduct	6	2	8
Total	12	10	22

Corporate governance enforcement outcomes

Table 5: Corporate governance enforcement outcomes (number of respondents by misconduct and remedy type)

Misconduct type	Criminal	Civil	Administrative	Total
Auditor misconduct	-	-	33	33
Liquidator misconduct	-	-	-	-
Directors' duties and governance failures	3	5	-	8
Other corporate governance misconduct	3	6	19	28
Total	6	11	52	69

Table 6: Corporate governance enforcement litigation in progress (number of matters as at 2 January 2026)

Misconduct type	Criminal	Civil	Total
Auditor misconduct	-	-	-
Directors' duties and governance failures	19	5	24
Illegal Phoenix	-	-	-
Other corporate governance misconduct	8	3	11
Total	27	8	35

Small business enforcement outcomes

Table 7: Small business enforcement outcomes (number of respondents by misconduct and remedy type)

Misconduct type	Criminal	Administrative	Total
Action against persons or companies	3	18	21
Total	3	18	21

Table 8: Small business criminal prosecutions in progress (number of matters by misconduct and remedy type) (number of matters as at 2 January 2026)

Misconduct type	Criminal	Total
Action against persons or companies	8	8
Total	8	8