ANZ finalizes A$250m ASIC settlement with new A$10m penalty

ANZ announced that the Federal Court of Australia has made orders finalizing its settlement with ASIC concerning five regulatory matters within its Australian Markets and Retail businesses. As part of this resolution, ANZ agreed to civil penalties totaling A$240 million, as previously announced on September 15, 2025, plus ASIC's costs.

Today's decision included an additional A$10 million penalty related to inaccurate monthly secondary bond turnover data submitted to the Australian Office of Financial Management, raising that specific matter's penalty from A$40 million to A$50 million. With this adjustment, the total civil penalties ANZ is subject to under the orders is A$250 million. The financial impact of these revised penalties and ASIC's costs is largely covered by existing provisions, including a A$240 million penalty provision.

ANZ is actively addressing non-financial risks through its Root Cause Remediation Plan and has established an ASIC Matters Resolution Program within Australia Retail. Both programs will be reviewed by Promontory, an independent expert, to monitor progress and delivery.