The Australian Government commissioned an independent review to consider the capabilities of the Australian Securities and Investments Commission (ASIC). The review is a forward-looking, whole-of-agency exercise that assesses ASIC’s ability to meet its current and future objectives and challenges. It is not a performance review.
In undertaking the review, the panel consulted extensively with businesses regulated by ASIC, peak bodies, regional and consumer representatives, regulators and other stakeholders, as well as ASIC staff and leadership. The methodology of the review involved extensive consultation, including stakeholder interviews, surveys of ASIC staff and stakeholders (the regulated population, business, consumers, and practitioners), discussions with peer domestic and international regulators, and assessment of public and internal ASIC documentation and data.