The Australian Securities & Investments Commission has published its regulatory simplification progress report, setting out changes aimed at making its rules and processes easier for firms to navigate. The update covers clearer guidance and simplified legislative instruments, improved access to regulatory information on ASIC’s website, and expanded digital services. It also highlights joint work with the Australian Prudential Regulation Authority to reduce the burden of regulatory data collection. After feedback on its September 2025 simplification report, ASIC introduced sector-based regulatory roadmaps for small company directors and financial advice businesses, updated 280 form landing pages, and modernised digital services. The number of forms available for electronic lodgement has increased by 380%, reducing paper-based lodgements by 45,000 a year. Work with APRA under the Council of Financial Regulators’ better regulation initiative includes stronger engagement with industry and reducing inconsistencies in data collection. Next steps include further sector-based roadmaps, improvements to ASIC registers through the RegistryConnect program, and wider digital transactions. Over the next six months, ASIC will prioritise streamlining and consolidating data requests with APRA and other regulators and support the Government’s law reform. In 2027, RegistryConnect is planned to deliver streamlined digital services for company registrations.
Australian Securities & Investments Commission2026-05-19
Australian Securities & Investments Commission reports regulatory simplification progress with 380% more forms available for electronic lodgement
The Australian Securities & Investments Commission published a regulatory simplification progress report outlining clearer guidance, simplified legislative instruments, improved website access to regulatory information, and expanded digital services, including a 380% increase in forms available for electronic lodgement. The report highlights joint work with the Australian Prudential Regulation Authority to reduce regulatory data collection burdens and inconsistencies, and sets out next steps such as sector-based roadmaps, enhancements to ASIC registers through the RegistryConnect program, and streamlined, consolidated data requests with other regulators.