On Sep. 17, 2026, AST CC granted authorization to the Association of Superannuation Funds Australia Ltd and other specified participants to collectively negotiation and exchange of information via cyber and financial crime sharing platforms.
The authorization will come into force on Oct. 9, 2026, with a condition for 5 years, until Oct. 9, 2031.
Document dated Sep. 17, 2026, was received on Oct. 1 due to a fixed feed.
On Jul. 24, AST CC proposed financial and cyber crime information sharing.
AST CC released a draft determination proposing to grant authorization to the Association of Superannuation Funds Australia Ltd and other specified participants.
This would enable collective negotiation and exchange of information via cyber and financial crime sharing platforms to identify and respond to cyber and financial crime threats.
AST CC proposed to grant authorization with a condition for five years.
The proposed conduct takes place in the context of several recent cyber attacks that have targeted the superannuation sector, resulting in leaked customer data and member savings being lost from superannuation accounts.
Effectiveness
The comment period for the consultation ends on Aug. 10, 2026.
Sep. 2026 Authorization Granted
On Sep. 17, 2026, AST CC granted authorization to the Association of Superannuation Funds Australia Ltd and other specified participants to collectively negotiation and exchange of information via cyber and financial crime sharing platforms.
The authorization will come into force on Oct. 9, 2026, with a condition for 5 years, until Oct. 9, 2031.
Document dated Sep. 17, 2026, was received on Oct. 1 due to a fixed feed.
