Australian Securities and Investments Commission Act 2001
E77698
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.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Australian Securities and Investments Commission Act 2001 canonical | 7 |
| 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 ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Australian Securities and Investments Commission Act 2001 Description of subject: 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.
Referenced by (8)
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
ⓘ
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
The Australian Financial System
→
hasRegulatoryFramework
→
Australian Securities and Investments Commission Act 2001
ⓘ
subject surface form:
Australian Financial System
Financial Services Reform Act 2001
→
implementedThrough
→
Australian Securities and Investments Commission Act 2001
ⓘ
Corporations Amendment (Crowd-sourced Funding) Act 2017
→
amends
→
Australian Securities and Investments Commission Act 2001
ⓘ