Search: ASIC
RBA Glossary definition for ASIC
ASIC – Australian Securities and Investments Commission. One of three Australian Government bodies (the others being the Australian Prudential Regulation Authority and the Reserve Bank of Australia) that regulates financial services. ASIC is the national regulator of Australia's companies. ASIC has responsibility for market protection and consumer integrity issues across the financial system.
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Domestic Financial Markets
10 Feb 2009
SMP
– February 2009
ASIC has extended its ban on covered short-selling of financial companies – where an investor takes a short position and has arrangements already in place for the delivery of securities, typically ... Covered short-selling of non-financial companies
https://www.rba.gov.au/publications/smp/2009/feb/dom-fin-mkts.html
Box C: The Expiry of Interest-only Loan Terms
10 May 2018
SMP
– May 2018
But IO loans for owner-occupiers had also grown strongly. In 2014 and 2015, the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) took some measures ... ASIC also reinforced its position
https://www.rba.gov.au/publications/smp/2018/may/box-c-the-expiry-of-interest-only-loan-terms.html
Overview
20 Oct 2015
FSR
– October 2015
The recent enhanced scrutiny of lending practices following reviews by the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), along with substantial data revisions by banks,
https://www.rba.gov.au/publications/fsr/2015/oct/overview.html
Developments in the Financial System Infrastructure
10 Mar 2006
FSR
– March 2006
Over the past 18 months, ASIC has increased its surveillance of property-related investments offering high yields. ... Accordingly, ASIC has taken steps where appropriate to require improved disclosure and stop misleading advertising.
https://www.rba.gov.au/publications/fsr/2006/mar/dev-sys-infra.html
Box B: Central Clearing of Over-the-counter Credit Derivatives
10 Mar 2009
FSR
– March 2009
The Reserve Bank, together with ASIC and APRA, have been monitoring developments in this area closely.
https://www.rba.gov.au/publications/fsr/2009/mar/box-b.html
Developments in the Financial System Architecture
21 Apr 2017
FSR
– April 2017
The Australian Treasury is contributing to this work, in liaison with the Bank and the Australian Securities and Investments Commission (ASIC). ... ASIC has also established an ‘innovation hub’ that makes it easier for fintech start-ups to engage
https://www.rba.gov.au/publications/fsr/2017/apr/dev-fin-sys-arch.html
Regulatory Developments
10 Apr 2018
FSR
– April 2018
ASIC will continue to assess the cyber resilience of regulated firms and measure their progress as they meet improvement targets. ... ASIC for trade repositories) has the necessary powers to resolve a failing domestic FMI.
https://www.rba.gov.au/publications/fsr/2018/apr/regulatory-developments.html
Household and Business Finances
21 Apr 2017
FSR
– April 2017
In this regard, ASIC recently lodged a case with the Federal Court alleging contraventions of the. ... As noted earlier, APRA and ASIC have also recently announced a range of measures that are designed to strengthen mortgage lending practices.
https://www.rba.gov.au/publications/fsr/2017/apr/household-business-finances.html
Developments in the Financial System Architecture
10 Mar 2009
FSR
– March 2009
Since the current turmoil began, the Council of Financial Regulators has provided a vehicle for co-ordination between the various regulatory agencies – APRA, ASIC, the Reserve Bank and Treasury. ... ASIC will be the sole regulator of the new framework
https://www.rba.gov.au/publications/fsr/2009/mar/dev-sys-arch.html
The Australian Financial System
9 Oct 2020
FSR
– October 2020
To manage the short-term risk of further capacity constraints in CHESS, the Australian Securities and Investments Commission (ASIC) placed temporary restrictions on the trading volumes of the nine largest equity
https://www.rba.gov.au/publications/fsr/2020/oct/australian-financial-system.html