Australia Securities & Investment Commission

Introduction to ASIC

The Australian Securities and Investments Commission (ASIC) serves as Australia’s primary corporate regulator and operates as an independent government body. Established on 1 July 1998 based on the recommendations from the Wallis Inquiry, ASIC’s primary responsibility is to oversee and enforce financial services and corporate laws across the country. The commission plays a pivotal role in safeguarding the interests of Australian consumers, investors, and creditors by promoting fairness, transparency, and integrity within financial markets and corporate sectors.

ASIC’s authority and jurisdiction are clearly defined under Australian law, positioning it as a key organization in maintaining financial stability and ensuring compliance with regulatory frameworks.