Australian Securities and Investments Commission (ASIC)

The Australian Securities and Investments Commission (ASIC) is the regulatory body responsible for overseeing financial markets and companies in Australia. Its main goals are to protect investors, ensure fair and transparent markets, and promote confidence in the financial system. ASIC enforces laws related to securities, corporate governance, and financial services, ensuring that businesses comply with regulations. It also provides information to help consumers make informed financial decisions and supervises financial professionals and institutions to prevent fraud and misconduct. In essence, ASIC works to maintain trust and integrity in Australia's financial sector.