Australia : Report on the Observance of Standards and Codes (ROSC)—Summary Assessments

Publication Date: November 15, 2012
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Summary: The main objective of the assessment was to analyze and observe the implementation of the International Organization of Securities Commissions (IOSCO) Principles in Australia. The various responsibilities of the Australian Securities and Investments Commission (ASIC) were highlighted and the flaws identified. It was noted that the ASIC underwent a major structural reorganization and modified its policies as a response to the initial IOSCO assessment conducted in 2006. The Australian legal and regulatory framework for securities markets largely corresponded with the principles of IOSCO.
Series: Country Report No. 12/307
Subject(s): Financial Sector Assessment Program | Banks | Basel Core Principles | Bank supervision | Insurance | Insurance supervision | Securities markets | Securities regulations | Reports on the Observance of Standards and Codes | Australia

Publication Date: November 15, 2012
ISBN/ISSN: 9781475587623/1934-7685 Format: Paper
Stock No: 1AUSEA2012002 Pages: 67
US$18.00 (Academic Rate:
US$18.00 )
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