Regulatory posture refresh for 2025

The Registrar has published an updated Regulatory posture to reflect her regulatory priorities for 2025.

A regulatory posture describes how a regulator approaches its functions and details its areas of focus. The posture should be read alongside other corporate documents from the Registrar on her regulatory approach and strategic priorities.

In 2025, the Registrar will focus on:

• corporations that have stopped reporting or are suspected of undervaluing or misreporting their assets and income
• corporations that generate income from non-government sources, and the risk of reduced accountability to their members
• directors and officers who fail to fulfill their duties under the CATSI Act who may be referred for prosecution or civil penalties
• fit and proper officers and service providers, especially in corporations experiencing vulnerability or disadvantage from unsuitable officers and/or service providers
• member rights and harmony – in particular, boards that deny members rights and are not acting in the best interests of the membership as a whole, and in contravention of the CATSI Act and a corporation’s rule book.

Focus areas for 2025 are particularly concerned with directors, officers and service providers acting in the best interests of the corporation. Conflict or misconduct can disrupt the effective governance and operations of corporations, and have a detrimental effect on the Aboriginal and Torres Strait Islander corporate sector.

Tricia Stroud 
Registrar of Aboriginal and Torres Strait Islander Corporations 
26 February 2025