Our ABN is 86 768 265 615
Our Biller Code is 17301
We are an independent Commonwealth government body, operating under the direction of three full-time Commissioners appointed by the Governor-General on the nomination of the Treasurer. We report to the Commonwealth Parliament, the Treasurer and the Parliamentary Secretary to the Treasurer.
Our Service Charter sets out what you can expect when you deal with us, how long it will take to do things and what we ask of you to help us serve you better. Read our Service Charter results for 2007-08.
A guide to how we work explains what we do, how we approach issues, how we consult with stakeholders and how we are accountable. We have well established stakeholder liaison arrangements.
Our guide for consumers and investors outlines our services to help consumers make informed decisions about financial products and services, understand their rights and responsibilities, and identify and avoid scams.
Our staff
We employed an average of 1669 ongoing and non-ongoing employees around Australia as at 30 June 2008.
Finance
In 2007-08, funded through the Commonwealth budget, our operating expenditure was $274 million. We collected $545 million in fees and charges for the Commonwealth.
History Established by the ASIC Act 1989, we began operating on 1 January 1991 as the Australian Securities Commission (ASC), replacing the National Companies and Securities Commission (NCSC) and the Corporate Affairs offices of the states and territories.
We became the Australian Securities and Investments Commission (ASIC) on 1 July 1998. On 1 July 1998, we became responsible for consumer protection in superannuation, insurance, deposit taking and, from 2002, credit.