Australian Securities and Investments Commission

(redirected from Australian Securities and Investment Commission)

Australian Securities and Investments Commission

An agency of the Australian government responsible for regulating corporations, investments, and insurance. Its goal is to protect consumers, creditors and investors from predatory or unfair business practices. Among other things, it co-regulates the Australian Securities Exchange. It was established in 1991 to consolidate several regulatory agencies that previously existed. It is based in Melbourne.
References in periodicals archive ?
The agreement was signed by Dhaher bin Dhaher Almheiri, Chief Executive Officer of the Registration Authority of ADGM, and James Shipton, Chair of the Australian Securities and Investment Commission.
The Australian Securities and Investment Commission (ASIC) has demanded the end of general insurance commissions.
Trading that takes place in Australia will continue to be licensed under the country's Corporations Act, with oversight and annual assessment responsibilities retained by national regulator the Australian Securities and Investment Commission and the Reserve Bank of Australia.
(15) NAB is an Australian company subject to regulation by the Australian Securities and Investment Commission (ASIC) and the conduct complained of in this case would have invoked civil liability under both the Corporations Act 2001 (Cth) and the Australian Securities Investment Commission Ad 2001 (Cth), (16) and thus die matter falls easily within the scope of the Australian courts.
The payment of an infringement notice is not an admission of a contravention of the Australian Securities and Investment Commission Act 2001 consumer protection provisions.
The Australian Securities and Investment Commission (ASIC) has warned investment banks in the nation on conflicts.
This was made possible last year after the ASX passed responsibility for supervision of market participants to domestic financial regulator the Australian Securities and Investment Commission (ASIC).
I also note the report find that the institutional responsibility in the financial systems for supporting competition is loosely shared by the Australian Prudential Regulatory Authority, the Reserve Bank of Australia, The Australian Securities and Investment Commission and the Australian Competition and Consumer Commission.
Chi-X Australia is widely tipped to be the first challenger to the ASX's monopoly on equities trading following the transfer of supervisory responsibilities from the ASX to national regulator the Australian Securities and Investment Commission earlier this year.
A Product Disclosure Statement (PDS) has today been lodged with the Australian Securities and Investment Commission (ASIC) in relation to the Initial Public Offering.
Full browser ?