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 Change of Details for an Australian Financial Services ASIC 2019-2025

Fs20 2019-2025 Form

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hey so let's get started by talking about the first and one of the most important Regulators in this context uh s the Australian Securities and Investments commission I'm sure you've heard of them um so let's just go back to basics okay so ASC basically been around since January 1991 before many of you were born it replaced the previous National companies uh commission the NSC as it was fondly referred to at the time and basically it is Central to the regulation of Corporations markets financial services and consumer credit and clearly corporations markets and financial services are all key elements of merges and Acquisitions its objectives are set out in what is essentially its constitutional document the Asic act section one two is where I would start there and its powers are set out in section 11 um one of the functions you've already already we've already discussed to an extent is its ability to publish regulatory guidelines as says t

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