The Australian Competition and Consumer Commission has granted interim authorisation, subject to a condition, allowing the Australian Sustainable Finance Institute (ASFI) and its member banks to discuss and exchange information solely to develop reform proposals for submission to Government aimed at addressing constraints on sustainable finance and investment in Australia. The interim authorisation is limited specifically to discussions relating to Australian regulatory capital requirements. The authorisation is conditional on the parties complying with a competition protocol governing the handling of competitively sensitive information. ASFI is described as a collaboration involving representatives from the Australian financial sector, civil society, academia and financial regulators.
Australian Competition and Consumer Commission 2025-03-07
Australian Competition and Consumer Commission grants ASFI and member banks interim authorisation to develop regulatory capital reform proposals under a competition protocol
The Australian Competition and Consumer Commission has granted interim authorisation to the Australian Sustainable Finance Institute and its member banks to discuss reform proposals on sustainable finance, subject to a competition protocol for handling sensitive information. This authorisation is limited to discussions on Australian regulatory capital requirements.