What happened
On 30 June 2026, ASIC held a roundtable with 32 industry, academic and public sector participants to discuss how to keep Australia's capital markets competitive and innovative. At the same time, ASIC published Report 835 'Innovation in Financial Markets and Financial Market Infrastructure'.
Four main themes from the roundtable
- Making Australia more attractive for global listings and capital formation - participants discussed improving conditions for companies seeking to list or raise capital in Australia.
- Fixing basic market infrastructure before pursuing bigger reforms - the discussion identified foundational infrastructure issues as a priority ahead of broader reform agendas.
- Ensuring innovation solves real problems - participants noted that innovation should address genuine market needs rather than being pursued for its own sake.
- Supporting capital formation and market evolution - the roundtable covered how markets can develop to support ongoing capital formation.
Specific initiatives mentioned
The roundtable discussion referenced plans to tokenise Austraclear and to extend post-trade processing windows by 2027. No further detail on these changes is provided in the source.
SpaceX IPO example
ASIC's handling of the SpaceX IPO was highlighted at the roundtable as a positive example of regulatory response to evolving market conditions. The approach involved allowing Australian investors to participate while requiring enhanced disclosure.
Key actions
- Read ASIC Report 835 'Innovation in Financial Markets and Financial Market Infrastructure' at asic.gov.au if your business operates in financial markets, clearing, settlement or digital assets. The source does not provide a direct URL to the report.
- Monitor ASIC's news centre at asic.gov.au/about-asic/news-centre/ for any follow-up consultation papers or regulatory proposals arising from this roundtable, particularly for businesses involved in fixed income, OTC markets, tokenisation or digital assets.
- Note the planned tokenisation of Austraclear and extended post-trade processing windows by 2027 if your business uses Austraclear for collateral or settlement.
Compliance obligations
This was an internal ASIC consultation event. No submissions are open and no compliance obligations arise from this release.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.