Variation to the Compliance Framework and Reporting Guidelines

The Commission has varied the Compliance Framework and Reporting Guidelines, which will commence on 28 October 2024.

The Commission reviewed the Compliance Framework and Reporting Guidelines to ensure the guidelines are current, relevant and reflect a targeted, risk-based approach to compliance and enforcement. The amendments aim to improve accountability for licensed entities and make it more straightforward for licensed entities to identify and meet compliance obligations.

The Commission's Final Decision paper provides details on the Commission’s amendments to the guidelines, following consideration of submissions to its Consultation Paper.

More information regarding the Review of the Compliance Framework and Reporting Guidelines can be found on the project page.