Australia: IOSCO Objectives and Principles of Securities Regulation

Australia: IOSCO Objectives and Principles of Securities Regulation—Detailed Assessment of Implementation

November 21, 2012

Summary

The Australian legal and regulatory framework for securities markets exhibits a high level of compliance with the International Organization of Securities Commissions (IOSCO) Principles. A few remaining concerns need to be resolved, including some identified in the 2006 assessment. Australian Securities and Investments Commission’s (ASIC) operational independence and sufficiency of resources are overarching concerns which impair its ability to discharge its supervisory functions adequately and effectively across the entire regulated population.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Auditing, Crime, Financial institutions, Financial services, Hedge funds, Public financial management (PFM), Securities

Keywords: AFSL holder, Anti-money laundering and combating the financing of terrorism (AML/CFT), ASIC staff, Auditing, Australia and New Zealand, capital requirement, conduct ASIC, CR, financial market, Global, hedge fund, Hedge funds, insider trading, integrity rule, investment scheme, investments commission, IOSCO principle, ISCR, market intermediary, market operator, market participant, pty ltd, public company, Securities, short position, stakeholder team

Pages:
153
Volume:
2012
DOI:
https://doi.org/10.5089/9781475563412.002
Issue:
314
Series:
Country Report No. 2012/314
Stock No:
1AUSEA2012008
ISBN:
9781475563412
ISSN:
1934-7685

IMF’s Work

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

Loading component...

IMF Staff Country Reports