Compliance & Ethics

ASIC has published Form 5114, which responsible entities of registered schemes use to notify ASIC of a change in compliance plan auditor under s601HI of the Corporations Act 2001. The notice must be lodged as soon as practicable after the change, and it follows a prior ASIC consent process (Forms 5112 and 5113) in cases of resignation or removal. Compliance teams should confirm that auditor transition procedures cover consent, disclosure, and lodgement steps.

ASIC's Form 505 and its accompanying guide set out how appointments and cessations of external administrators, controllers, scheme administrators, and restructuring practitioners must be notified, including strict lodgement periods. The form is dated 29 April 2021 but is listed here with a 2026-09-15 date, so teams should confirm whether it has been reissued or changed. Missed deadlines trigger late fees, and incomplete forms risk rejection. This matters for institutions that act as secured creditors, appoint controllers, or work with insolvency practitioners.

The ECB, through AMI-SeCo, has asked Swift to synchronize its deferred SR 2026 securities message upgrade with the TARGET Services June 2027 release. The ECB concluded that Swift's currently planned Q1 2027 deployment could severely disrupt testing for the T+1 changes in that release. Compliance and operations teams should expect possible timeline shifts and prepare for uncertainty until Swift confirms its final date.

AMLA Executive Board Member Rikke-Louise Petersen used a keynote at the Nordic Financial Crime & Sanctions Forum to preview how risk analysis, financial intelligence, and supervision will be integrated at the European level. Two milestones stand out: the first joint FIU analysis exercise expected toward the end of 2026, and the information-sharing partnerships that Article 75 of the AML Regulation will enable from July 2027. Compliance teams should treat the speech as an early signal of supervisory priorities and data expectations.

Finansinspektionen has amended Chapter 7 of FFFS 2017:2 to revise the conditions under which securities institutions may receive third-party investment research without it being treated as an inducement. The amendments take effect October 1, 2026, and tighten requirements for research quality assessment, client disclosure, and research budget governance. Compliance teams at Swedish securities institutions must update their research payment arrangements and controls before that date.

The Bundesbank announced results of the September 15, 2026 tap of the 2.70% Federal Treasury Notes (Schatz) due September 13, 2028, raising total outstanding volume to EUR $22 Billion. This is a market-operations notice, not a new compliance obligation, but it carries relevance for liquidity, collateral, and market risk teams, given soft demand (cover ratio of 1.3) and an average yield of 3.27%.

ASIC has published Form 555, which a controller of a company's property may use to notify ASIC that the time to submit the report on company activities and property has been extended under s429(4) of the Corporations Act 2001. The form is optional, but lodgement should occur as soon as practicable after the extension is granted. Compliance and insolvency teams should confirm that internal procedures capture this notification step. This is not a new rule: the form is dated 31 October 2018, though it appears in a 2026-09-15 update.