ASIC's enforcement priorities for 2024 focus on the need to protect consumers from financial harm and uphold the integrity of Australia’s financial markets.
These priorities communicate our intent to industry and our stakeholders, and give a clear indication of where we will direct our resources and expertise.
2024 priorities
Enforcement action targeting poor distribution of financial products
Misleading conduct in relation to sustainable finance including greenwashing
High-cost credit and predatory lending practices to consumers and small business
Member services failures in the superannuation sector
Misconduct resulting in the systematic erosion of superannuation balances
Insurance claims handling
Compliance with the reportable situation regime
Conduct impacting small business including small business creditors
Enforcement action targeting gatekeepers facilitating misconduct
Misconduct relating to used car financing to vulnerable consumers including brokers, car dealers and finance companies
Compliance with financial hardship obligations
Technology and operational resilience for market operators and market participants
Enduring priorities
Misconduct damaging market integrity
including insider trading, continuous disclosure breaches and market manipulation
Misconduct impacting First Nations people
Misconduct involving a high risk of significant consumer harm
particularly conduct targeting financially vulnerable consumers
Systemic compliance failures by large financial institutions
resulting in widespread consumer harm
