ARTICLE
31 March 2025

Regulatory Radar Q1 2025

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Gilchrist Connell

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Gilchrist Connell, a top Australian insurance law firm with five offices, distinguishes itself through its innovative legal services approach. Their 'Listen – Engage – Solve' mantra ensures thorough understanding of client issues, effective stakeholder engagement, and timely, customized solutions at fair prices.
Australian Treasury's Regulatory Initiatives Grid outlining financial services regulatory reforms for 2025 – 2026.
Australia Finance and Banking

Key highlights include:

  • The recently introduced Australian Treasury's Regulatory Initiatives Grid outlining financial services regulatory reforms for 2025 – 2026 across ASIC, APRA, ACCC and Treasury.
  • APRA's consultation on proposed changes to prudential governance framework for insurers, banks and superannuation trustees.
  • The ICA's response to the Flood Inquiry recommendations and Code review, providing an in-depth analysis of the General Insurance Industry Action Plan.
  • The ACCC's guidance on transitional arrangements for the new merger control regime, offering valuable insights into the regulatory landscape.
  • The recent fines imposed on travel insurance companies for false and misleading statements following an ASIC investigation, underscoring the importance of compliance and transparency.

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