ASIC, APRA reject ‘computer says no’ compliance culture
APRA deputy chair Margaret Cole has praised super funds for experimenting with digital advice offerings ahead of the DBFO reforms, while ASIC Commissioner Simone Constant has urged industry leaders to push back against overbearing internal compliance officers. The comments reflect a change in tune from both agencies, which even extends to a possible ‘regulatory sandbox’ to promote innovation in financial services.
August 18, 2025


Regulation