The Australian Securities and Investments Commission (ASIC) has published its 2026–27 supervisory priorities for banking, superannuation, general insurance, life insurance and financial markets. The sector letters translate ASIC’s broader focus on consumer harm, artificial intelligence and regulatory efficiency into planned supervisory work, while giving regulated entities earlier visibility to support board oversight and resource planning. ASIC coordinated the activities with the Australian Prudential Regulation Authority and other regulators to remove, recast or jointly undertake areas of overlap under the Council of Financial Regulators’ Better Regulation Roadmap. Banking reviews will examine AI in customer-facing activities, lender incentives, referrer arrangements and broker oversight, alongside treatment of customers in financial difficulty. In superannuation, ASIC will continue its review of member services and begin work on trustee oversight of advice fee deductions and retirement. Insurance supervision will cover for-profit claims management firms, including disaster chasers, as well as funeral insurance and life insurance service issues. Markets work will combine surveillance and market integrity initiatives with efforts to support responsible innovation, capital mobility and resilient infrastructure across public and private markets.

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