18 March 2021 - Highlights from March ASIC Liaison Group meeting

ASIC recently updated market intermediaries on its current strategic priorities. Focus areas included:

  • Operational resilience and cyber risk
  • Changing dynamics of retail markets
  • Surveillance of equity markets
  • Compliance with Design and Distribution Obligations for market intermediaries.

Key themes were:

  • Monitoring non-financial risks, particularly resilience of critical infrastructure, information security and cyber risks
  • Compliant marketing and selling of financial products
  • Fair and orderly market operations, including meeting conduct, disclosure and reporting requirements
  • Getting ready for enforcement of Design and Distribution Obligations (DDOs).

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