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Regulation in Motion: Australia's financial services regulation reform

Australia’s financial services sector is undergoing its most significant period of regulatory reform in decades. From payments modernisation and digital asset licensing to AML/CTF reforms and streamlining banking licensing, regulators and policymakers are reshaping the landscape.

Regulation in Motion will provide you with a quick pulse check on where things stand and what comes next.

Updated 21 May 2026

Latest updates

APRA consults on a more transparent bank licensing framework

APRA has released draft Licensing Criteria and Guidelines for locally incorporated ADIs, proposing a more transparent, timebound and effective pathway for applicants seeking authority to conduct banking business in Australia.

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Implementation roadmap for digital asset regulation

ASIC has released its roadmap for implementing the new Digital Assets Framework, setting out its expected timeline and approach to consulting on new standards and guidance ahead of the April 2027 commencement date.

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AFSL exemptions for foreign financial service providers

The Treasury Laws Amendment Bill 2025 has received Royal Assent, introducing three new AFSL exemptions for foreign financial service providers.

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Australia passes highly anticipated digital asset regulation

The Corporations Amendment (Digital Assets Framework) Bill 2025 has received Royal Assent, introducing digital asset platforms and tokenised custody platforms as financial products.

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