Australian Securities and Investments Commission
The Australian Securities & Investments Commission (ASIC) is an independent Australian government body that acts as Australia's corporate regulator. ASIC's role is to enforce and regulate company and financial services laws to protect Australian consumers, investors and creditors.
Related legislation
ASIC administers the following legislation (or relevant parts of it), as well as relevant regulations made under it:
- Corporations Act 2001
- Australian Securities and Investments Commission Act 2001
- Insurance
History
ASIC was originally formed as the Australian Securities Commission (ASC), which came into being on 1 January 1991 in accordance with the ASIC Act 1989. The purpose of ASC was to unify corporate regulators around Australia by replacing the National Companies and Securities Commission and the Corporate Affairs offices of the states and territories.
The corporate regulator became the Australian Securities & Investments Commission (ASIC) on 1 July 1998, when it also became responsible for consumer protection in superannuation, insurance, deposit taking and, from 2002, credit.
See Also
References
- ASIC (11 April 2005). "ASIC at a glance". Retrieved 16 April 2005.
- ASIC (1 February 2005). "The laws ASIC administers". Retrieved 16 April 2005.
External links
- Australian Securities & Investments
Commission
- Fido - Consumer website of Australian Securities & Investments Commission
| Law enforcement in Australia | |
|---|---|
| Police agencies: | Australian Capital Territory Police · Australian Federal Police · New South Wales Police Force · Northern Territory Police · Queensland Police · South Australia Police · Tasmania Police · Victoria Police · Western Australia Police |
| Federal authorities: | Australian Commission for Law Enforcement Integrity · Australian Competition and Consumer Commission · Australian Crime Commission · Australian Customs Service · Australian High Tech Crime Centre · Australian Quarantine and Inspection Service · Australian Securities and Investments Commission |
| State/Territory authorities: | Corruption and Crime Commission (WA) · Crime and Misconduct Commission (QLD) · Independent Commission Against Corruption (NSW) · New South Wales Crime Commission · Office of Police Integrity (VIC) · Police Integrity Commission (NSW) |
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