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 Conditions
4 Feb 2021
SMP
– February 2021
At the same time, ASIC has reiterated that consumer lending laws do not apply to small business lending.
https://www.rba.gov.au/publications/smp/2021/feb/domestic-financial-conditions.html
Domestic Financial Conditions
27 Nov 2018
SMP
– November 2018
Industry. Moreover, in response to regulatory actions by Australian Prudential Regulatory Authority (APRA) and Australian Securities & Investments Commission (ASIC), banks have been more thoroughly assessing loan applicants' expenses when deciding
https://www.rba.gov.au/publications/smp/2018/nov/domestic-financial-conditions.html