Australian Securities and Investments Commission Act 2001

E77698

Act of Parliament of Australia Australian federal statute

The Australian Securities and Investments Commission Act 2001 is the federal law that establishes and governs Australia’s corporate, markets, financial services and consumer credit regulator, defining its powers, functions and regulatory framework.

Observed surface forms (1)

Surface form	Occurrences
ASIC Act 2001	1

Statements (48)

Predicate	Object
instanceOf	Act of Parliament of Australia ⓘ Australian federal statute ⓘ
administeredBy	Australian Securities and Investments Commission ⓘ Treasury portfolio of the Australian Government ⓘ
appliesTo	Australia-wide financial markets ⓘ consumer credit providers in Australia ⓘ providers of financial services in Australia ⓘ
bindingOn	persons and entities within Australian jurisdiction dealing in consumer credit ⓘ persons and entities within Australian jurisdiction dealing in financial services ⓘ
country	Australia ⓘ
defines	ASIC’s role in consumer credit regulation ⓘ ASIC’s role in consumer protection in financial services ⓘ ASIC’s role in market integrity regulation ⓘ functions of the Australian Securities and Investments Commission ⓘ powers of the Australian Securities and Investments Commission ⓘ
enforcementPowersInclude	civil penalty mechanisms ⓘ criminal referral mechanisms ⓘ information-gathering powers for ASIC ⓘ investigative powers for ASIC ⓘ
governs	Australian Securities and Investments Commission ⓘ
jurisdiction	Commonwealth of Australia ⓘ
language	English ⓘ
legalStatus	in force (subject to amendments) ⓘ
legalSystem	common law ⓘ
legislativeBody	Parliament of Australia ⓘ
policyObjective	to maintain, facilitate and improve the performance of the financial system ⓘ to promote confident and informed participation of investors and consumers in the financial system ⓘ to promote fairness, honesty and professionalism in financial markets ⓘ to reduce business costs and improve efficiency of the financial system ⓘ
primaryPurpose	to define the functions and powers of the Australian Securities and Investments Commission ⓘ to establish the Australian Securities and Investments Commission ⓘ to provide a framework for regulation of corporations, financial markets and financial services ⓘ to provide consumer protection in relation to financial services and consumer credit ⓘ
regulates	consumer credit regulation in Australia ⓘ corporate regulation framework in Australia ⓘ financial markets regulation in Australia ⓘ financial services regulation in Australia ⓘ
regulatorEstablished	Australian Securities and Investments Commission ⓘ
relatedTo	Corporations Act 2001 ⓘ National Consumer Credit Protection Act 2009 ⓘ
sector	financial regulation ⓘ
shortName	Australian Securities and Investments Commission Act 2001 self-linksurface differs ⓘ surface form: ASIC Act 2001
subjectMatter	consumer credit regulation ⓘ consumer protection in financial services ⓘ corporations regulation ⓘ financial markets regulation ⓘ financial services regulation ⓘ
typeOfRegulation	framework legislation ⓘ

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Australian Securities and Investments Commission → formedByStatute → Australian Securities and Investments Commission Act 2001 ⓘ

ASIC → legalBasis → Australian Securities and Investments Commission Act 2001 ⓘ

Australian Securities and Investments Commission → legalBasis → Australian Securities and Investments Commission Act 2001 ⓘ

National Consumer Credit Protection Act 2009 → relatedTo → Australian Securities and Investments Commission Act 2001 ⓘ

Australian Securities and Investments Commission Act 2001 → shortName → Australian Securities and Investments Commission Act 2001 self-linksurface differs ⓘ

this entity surface form: ASIC Act 2001