Consumer Advisory Panel

The Consumer Advisory Panel (CAP) was established in 1999. CAP advises ASIC on current issues faced by retail investors and consumers in the financial services and credit industries. CAP also informs ASIC’s surveillance, enforcement, policy and financial education initiatives.

Membership of CAP

The members include both representatives from consumer and investor organisations and individual members.

The other current members of CAP for 2014 to 2016 represent:

Australian Council on the Aging

Australian Shareholders' Association

CHOICE

Consumer Action Law Centre VIC

Consumers Federation Australia

Financial Counselling Australia

Financial Rights Legal Centre

Indigenous Consumer Assistance Network

Legal Aid NSW

Melbourne Super Group

SMSF Owners' Alliance Ltd

CAP sub-committees

In 2013–14, CAP introduced two sub-committees – a consumer issues sub-committee and an investment issues sub-committee.

This was designed to enable CAP to focus more closely on issues consumers and investors respectively face.

CAP research

In 2014-15, CAP commissioned the following research:

  • Professor Dimity Kingsford Smith and Dr Marina Nehme to conduct research on product intervention powers.  Download the report.

Misconduct reports

In 2013–14, we also introduced new arrangements for how CAP members provide misconduct reports. This included internal processes for tracking progress of reported misconduct, and regular reporting back to CAP members as we progress and finalise matters.

ASIC industry funding

Cost Recovery Implementation Statement 2019-20

12 June 2020

A consultation version of the Cost Recovery Implementation Statement 2019-20 (CRIS)  has been released.

Read the draft CRIS

Industry funding: what you need to know

Video Thumb Industry Funding What You Need To Know

Watch the video

More about industry funding

Last updated: 01/11/2018 03:53