3 November 2022 - ASIC announces Enforcement Priorities for 2023

ASIC has announced its Enforcement Priorities for 2023, which will include enforcement action on greenwashing and predatory lending, as well as a continuing focus on disrupting investment scams.

While ASIC’s specific areas to target will change from year to year, in keeping with shifting economic factors and the volatile risk environment, five enduring priorities will remain:

  • Misconduct damaging to market integrity including insider trading, continuous disclosure failures 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
  • New or emerging conduct risks within the financial system

Financial Education Professionals acknowledges the Traditional Owners of Country throughout Australia. We pay our respects to Elders past, present and emerging.