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ASIC s Priorities In A Changing Regulatory Environment - Speech By ASIC Commissioner Alan Kirkland At The Australian Finance Industry Association (AFIA) Risk Summit 2024, 22 May 2024

<h2>KEY POINTS&nbsp;</h2> <ul> <li>Cost-of-living pressures, climate change and rapid technological transformation are impacting consumers&rsquo; needs and the ways in which they navigate the financial services markets.</li> <li>ASIC is working to support better outcomes for consumers by addressing the most significant threats and harms arising from these global trends, as they relate to our regulatory environment.</li> <li>This includes our continued focus on financial hardship, with the release this week of our report on the hardship practices of 10 large home loan lenders.</li> </ul>

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