19 September 2025
The ABA today acknowledges and thanks outgoing ASIC Chair Joe Longo for his strong leadership as Chair of ASIC for the past five years.
ABA CEO Simon Birmingham said Mr Longo had made a significant contribution to ensuring Australia has a fair financial system focused on the interests of both investors and consumers.
“The ABA thanks Mr Longo for his public service and contribution to ensuring Australia has a properly regulated and safe banking system,” Mr Birmingham said.
“Joe is a tough but fair regulator. He has led ASIC through an important time of change and challenge in our financial system.
“He has always taken a consultative approach in his role, consistently making himself available to the ABA and our members for engagement.
“I also particularly welcome his commitment and engagement on pursuing regulatory simplification without dropping standards or protections for customers. “Mr Longo has brought an important mix of both commercial and regulatory experience to the role, which will be important for ASIC to maintain in the future.”
Latest news
E&OERadio InterviewInterview on ABC Sydney Drive21 September 2026 Topics: Refinancing and competition in the home loan market; Hardship support Thomas Oriti: Now, have you had to refinance your mortgage, perhaps because of rising interest rates, or maybe something else? Maybe your work situation changed, and you weren’t bringing in as much money. What was that… Read more »
Banks will better detect, prevent and respond to financial abuse under an updated industry guideline released today by the Australian Banking Association. The ABA has brought together separate resources on financial abuse, including elder abuse and family and domestic violence into a single framework, building on existing industry guidance and supporting the financial abuse provisions… Read more »
The ABA and its member banks are reminding businesses to make sure they are ready for the upcoming Reserve Bank of Australia’s (RBA) card surcharge reforms which take effect from 1 October 2026. These changes mean: ABA CEO Simon Birmingham said banks were supporting business customers to prepare for these changes, along with implementing the… Read more »