GRC Report Staff

SEC Commissioner Mark Uyeda's statement accompanies a Commission proposal to rescind Rule 14a-8, which would end the federal framework for including shareholder proposals in proxy statements and leave that question to state law, companies, and shareholders. The Commission also proposes amending Rule 14a-4 to expand discretionary voting authority and modernizing proxy solicitation rules. Compliance teams should monitor the proposals closely, because they could change shareholder engagement, proxy preparation, and governance risk management.

The FCA has published a guidance page explaining how the Treasury's new cryptoasset regulated activities fit within FSMA and the FCA Handbook. Final rules and guidance were published on 30 June 2026 and will apply to firms authorized under FSMA on or after 25 October 2027. For many cryptoasset firms this will be their first time under FSMA authorization, so compliance teams need to assess perimeter scope and begin preparing now.

ASIC Form 3190 requires certain large proprietary companies that are exempt from lodging accounts under legacy Corporations Law provisions to notify ASIC within 14 days of appointing an auditor. The form is a procedural filing, not a new rule, but late lodgement triggers fees and may indicate weak corporate governance controls. Compliance teams should confirm whether any group entities rely on this exemption and that their appointment workflows meet the deadline.

SEC Division of Examinations Director Keith Cassidy outlined efforts to make exams more accessible and integrated, including a new Examination Process Handbook to be published before the new fiscal year. The speech also sets out the Division's expectations for registrant conduct during exams. Compliance teams should use it to refine exam readiness and engagement practices.

ASIC's Form 5214 requires the corporate director of a corporate collective investment vehicle (CCIV) to notify ASIC within 7 days of a change of compliance plan auditor. The change may result from resignation, removal, death, or ineligibility. Compliance teams need to coordinate prior ASIC consent, public disclosure, and timely lodgement, because a resignation or removal does not take effect until the disclosure requirements are met.

ASIC has issued an updated Form 313 (dated 23 July 2026) that extends the notification of the Australian address for records kept outside Australia to sustainability records, alongside financial records. Compliance teams at entities that keep records offshore must confirm they use the new form and meet the distinct lodgement deadlines for each record type. Late lodgement triggers late fees.

ASIC Form 526 is the notification external administrators must lodge after applying to a court for leave under s161A(3) of the Corporations Act 2001 to omit a company's former name from documents. The form is dated 1 March 2017 and carries no lodgement fee, but it must be filed as soon as practicable after the application is made. Compliance teams handling insolvency, restructuring, or counterparty matters should understand the process and its effect on document naming.