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Regulatory insights from a purpose-built database across the financial industry's most important regulators. Weekly compliance briefings, trend analysis, and regulatory signalling — built for legal, risk, and compliance teams.

Tracking 18,524+ regulatory actions across 9 regulators

RegWatch Weekly Briefing This week

Weekly Compliance Briefing

ASIC — The Federal Court ordered combined penalties against a major bank over misleading customer statements, closing proceedings commenced last year. Every figure and finding links directly to the source media release.

APRA — Updated prudential guidance for licensees ahead of upcoming reforms, with submissions closing next month. ACCC — New enforcement priorities signalled for essential services and digital markets.

Each item is verified against the underlying regulator source before publication, with penalties, entities, and dates checked claim by claim...

Penalty actions ordered or agreed, by year
2019 2020 2021 2022 2023 2024 2025 2026* $10M $100M $1B $10B AUSTRAC and Westpac agree to proposed $1.3bn penalty — $1.3B (AUSTRAC, 2020) AUSTRAC AUSTRAC and Crown agree to proposed $450 million penalty — $450M (AUSTRAC, 2023) Record penalties of $438m ordered against Phoenix Institute and CTI for acting unconscionably and misleading students — $400M (ACCC, 2023) 26-117MR Federal Court orders record $300 million penalties in ASIC’s case over ‘egregious’ Union Standard and CFD operator misconduct — $300.2M (ASIC, 2026) 25-314MR Federal Court orders $250 million combined penalties against ANZ — $250M (ASIC, 2025) Record $153 million in penalties ordered against training college AIPE — $153M (ACCC, 2021) Court orders Volkswagen to pay record $125 million in penalties — $125M (ACCC, 2019) 22-097MR Westpac penalised $113 million after multiple ASIC legal actions — $113M (ASIC, 2022) Optus agrees to $100m penalty, subject to court approval, for unconscionable conduct — $100M (ACCC, 2025) Qantas agrees to $20m payments to customers and, subject to court approval, a $100m penalty for misleading consumers — $100M (ACCC, 2024) 20-246MR Federal Court imposes $75 million penalty on OTC derivative issuer AGM Markets and former authorised representatives OT Markets and Ozifin — $75M (ASIC, 2020) AUSTRAC and SkyCity agree to proposed $67 million penalty — $67M (AUSTRAC, 2024) Google LLC to pay $60 million for misleading representations — $60M (ACCC, 2022) Record $57.5 million penalty for BlueScope’s attempted price fixing — $57.5M (ACCC, 2023) 20-211MR NAB superannuation trustee companies to pay $57.5 million penalty for fees for no service breaches — $57.5M (ASIC, 2020) 26-171MR Harvey Norman and Latitude ordered to pay combined $55 million penalties for misleading customers — $55M (ASIC, 2026) Google ordered to pay $55m in penalties for anti-competitive conduct — $55M (ACCC, 2025) APRA takes action to address material liquidity breaches by ING Australia — $50M (APRA, 2026) Telstra to pay $50m penalty for unconscionable sales to Indigenous consumers — $50M (ACCC, 2021) Trivago to pay $44.7 million in penalties for misleading consumers over hotel room rates — $44.7M (ACCC, 2022) 23-179MR IAL penalised $40 million over pricing discount failures — $40M (ASIC, 2023) Record penalties of $438m ordered against Phoenix Institute and CTI for acting unconscionably and misleading students — $37M (ACCC, 2023) 26-127MR Federal Court orders $35 million penalty against HSBC for scam protection failures — $35M (ASIC, 2026) 25-311MR Macquarie Securities admits to misleading conduct and agrees to pay $35 million for systemic failures — $35M (ASIC, 2025) Bupa ordered to pay $35 million for unconscionable conduct and making misleading representations about members' health insurance entitlements — $35M (ACCC, 2025) K-Line convicted of criminal cartel conduct and fined $34.5 million — $34.5M (ACCC, 2019) 26-253MR ASIC cancels Australian credit licence of Walker Stores Pty Ltd (in Liquidation) (Receivers and Managers Appointed) — $33.5M (ASIC, 2026) 26-099MR Federal Court orders $33.5 million penalty against Snaffle operator for inflating prices and overcharging on credit contracts — $33.5M (ASIC, 2026) Captain Cook College, Site Group and Blake Wills to pay total penalties of $30.4 million for unconscionable conduct towards students — $30.4M (ACCC, 2025) Criminal sentences imposed on Bingo, Aussie Skips and their former CEOs Daniel Tartak and Emmanuel Roussakis for skip bin and waste processing cartel — $30M (ACCC, 2024) 21-364MR Mayfair 101 Group to pay $30 million penalty for misleading advertising — $30M (ASIC, 2021) 22-289MR CommSec and AUSIEX to pay penalty of over $27 million for systemic compliance failures — $27M (ASIC, 2022) Record $26.5m penalty and $56m repayment ordered against training college Empower Institute — $26.5M (ACCC, 2019) 26-107MR Federal Court orders Westpac to pay $26 million penalty for hardship failures — $26M (ASIC, 2026) Owner of Noni B, Rivers, Katies brands ordered to pay penalties of $25m — $25.1M (ACCC, 2025) 22-290MR ANZ penalised $25 million for misleading customers and failing to provide promised account benefits — $25M (ASIC, 2022) Federal Court sets $24 million in penalties for illegal online gambling services — $24.2M (ACMA, 2026) 23-129MR Court penalises AMP $24 million for charging deceased customers — $24M (ASIC, 2023) Shipping cartel fines now total $83.5 million after WWO conviction — $24M (ACCC, 2021) 25-286MR Cbus ordered to pay $23.5 million penalty for serious failures in processing members death benefits and insurance claims — $23.5M (ASIC, 2025) Jump Swim ordered to pay penalties of $23 million and Ian Campbell ordered to pay compensation — $23M (ACCC, 2021) Uber to pay $21m for misleading representations about Uber Taxi fares and cancellation fees — $21M (ACCC, 2022) 26-143MR ASX ordered to pay $20.5 million penalty for misleading conduct relating to CHESS replacement project — $20.5M (ASIC, 2026) 25-248MR RAMS penalised $20 million for widespread compliance failings regarding home loans — $20M (ASIC, 2025) $20m penalty for Meta companies for conduct liable to mislead consumers about use of their data — $20M (ACCC, 2023) 22-023MR Aware Financial Services Australia fined $20 million for charging fees for no service: Royal Commission case study — $20M (ASIC, 2022) 21-276MR Colonial First State to pay $20 million penalty for misleading superannuation members — $20M (ASIC, 2021) 21-120MR Forex CT ordered to pay $20 million penalty and sole director disqualified, fined $400,000 — $20M (ASIC, 2021) Garuda ordered to pay $19 million for price fixing — $19M (ACCC, 2019) 21-226MR NAB to pay $18.5 million penalty for fee disclosure statement failures — $18.5M (ASIC, 2021) Telstra fined $18 million for misleading Belong customers over broadband speed claims — $18M (ACCC, 2025) Mobil to pay $16m in penalties for misleading statements about fuel sold at nine petrol stations — $16M (ACCC, 2026) 24-141MR Defunct payday lender penalised $16 million over prohibited fees and deficient systems — $16M (ASIC, 2024) 25-165MR NAB and AFSH penalised $15.5 million for failing customers facing financial hardship — $15.5M (ASIC, 2025) Bedding supplier Emma Sleep to pay a total of $15m in penalties for misleading statements about sale prices — $15M (ACCC, 2026) Record penalty for resale price maintenance conduct by power tool supplier Techtronic — $15M (ACCC, 2023) 23-260MR ANZ penalised $15 million for misleading customers about available funds — $15M (ASIC, 2023) 23-029MR Federal Court sanctions Getswift with record continuous disclosure penalty — $15M (ASIC, 2023) 20-247MR NAB ordered to pay $15 million for dealing with unlicensed home loan Introducers: Royal Commission case study — $15M (ASIC, 2020) Appeals by DG Institute and Dominique Grubisa are dismissed — $14.7M (ACCC, 2024) 22-258MR AMP companies admit liability and fined $14.5 million for fees for no service — $14.5M (ASIC, 2022) 26-008MR BPS Financial to pay $14 million in penalties over crypto Qoin Wallet — $14M (ASIC, 2026) City Beach ordered to pay $14 million in penalties for supplying non-compliant button battery products — $14M (ACCC, 2025) EnergyAustralia to pay $14m for making misleading statements and breaching the Electricity Retail Code — $14M (ACCC, 2024) Samsung Australia to pay $14m penalty for misleading water resistance claims — $14M (ACCC, 2022) STA Travel to pay $14 million in penalties for misleading advertisements — $14M (ACCC, 2020) 23-182MR Select AFSL, related companies and managing director penalised a combined $13.6 million — $13.6M (ASIC, 2023) The Good Guys to pay $13.5m penalty for misleading store credit promotions — $13.5M (ACCC, 2025) 24-213MR ASIC's Vanguard greenwashing action results in record $12.9 million penalty — $12.9M (ASIC, 2024) Mercedes to pay $12.5m for failing to comply with Takata recall communication plan — $12.5M (ACCC, 2022) Optus pays $12 million penalty for Triple Zero outage — $12M (ACMA, 2024) 23-314MR Mercer to pay $12 million penalty for misleading representations and fee disclosure failures — $12M (ASIC, 2023) Peters Ice Cream to pay $12 million penalty for anti-competitive exclusive dealing — $12M (ACCC, 2022) Mazda to pay $11.5m for misleading consumers about consumer guarantee rights for serious vehicle faults — $11.5M (ACCC, 2024) 24-173MR ASIC’s first greenwashing case results in landmark $11.3 million penalty for Mercer — $11.3M (ASIC, 2024) Fitbit to pay $11m in penalties for misrepresentations about consumer guarantee rights — $11M (ACCC, 2023) Secure Parking to pay $10.95m for misleading consumers about Secure-a-Spot parking service — $10.9M (ACCC, 2024) APRA issues $10.7 million infringement notices and accepts court enforceable undertaking from OPC — $10.7M (APRA, 2024) 21-221MR Westpac subsidiaries to pay $10.5 million penalty for breaches of best interests duty — $10.5M (ASIC, 2021) 26-136MR ASIC secures $10.3 million in penalties against Mercer Super for systemic reporting failures — $10.3M (ASIC, 2026)
ASICACCCAPRAAUSTRACAFCAOAICACMATREASURY

One circle per regulatory penalty, sized by amount, however many releases report it; the 80 largest of the last 8 years. * year to date.

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The Weekly Compliance Briefing

A verified weekly summary for compliance, legal and risk teams — every claim checked against the regulator's own release before publication.

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