ASIC is Australia’s corporate, markets and financial services regulator.
ASIC contributes to Australia’s economic reputation and wellbeing by ensuring that Australia’s financial markets are fair and transparent, supported by confident and informed investors and consumers.
ASIC is an independent Commonwealth Government body. ASIC is set up under and administer the Australian Securities and Investments Commission Act (ASIC Act), and ASIC carries out most of its work under the Corporations Act.
The Australian Securities and Investments Commission Act 2001 requires ASIC to: