Australian Security and Investments Commission (ASIC)

The Australian Securities and Investments Commission (ASIC) is the regulator for financial markets and companies in Australia. It is responsible for enforcing laws related to corporations, financial services, and consumer protection. ASIC oversees the registration of companies, ensures that financial institutions adhere to regulations, and protects investors from fraud and misconduct. By promoting fair and transparent practices, ASIC helps maintain trust in the financial system, ensuring that businesses operate legally and that consumers can make informed decisions about their investments.