ASIC capability review

The Financial System Inquiry recommended that the financial regulators undergo periodic capability reviews to ensure that they have the skills and culture to be effective in an environment of rapid change. In July 2015, ASIC became the first regulator to undergo a review. The ultimate goal of the ASIC Capability Review was to ensure that ASIC had the skills and culture to effectively fulfil the enhanced role which the FSI had laid out for ASIC in its report.

ASIC welcomes the Government’s response to the final report of the ASIC Capability Review.

This review of ASIC’s organisational capability is particularly timely. The rapid pace of change in the financial system dictates that we regularly re-assess the capabilities we need to meet future objectives and challenges. We are committed to developing our ability to improve outcomes for Australian consumers and investors, and to facilitate fair and efficient financial markets.

ASIC industry funding

Cost Recovery Implementation Statement 2020-21

23 July 2021

The draft 2020-21 Cost Recovery Implementation Statement (CRIS) has been released for feedback.

Read the media release and draft CRIS

Industry funding: what you need to know

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More about industry funding

Last updated: 30/03/2021 09:25