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The Australian Securities and Investments Commission (ASIC) is an independent commission of the Australian Government tasked as the national corporate regulator. ASIC's role is to regulate company and financial services and enforce laws to protect Australian consumers, investors and creditors. [ 2 ]
ASIC has been appointed by the United Kingdom Government's Home Office UK Border Agency to accredit private UK colleges for visa purposes. [3] In this capacity, ASIC distinguishes colleges that actually provide educational services from bogus institutions that allow international students to obtain fraudulent visas.
The Australian Company Number (ACN) was adopted in Australia on 1 July 2000, as one of the complementary measures when the Goods and Services Tax (GST) was introduced. All companies registered at the time were issued with an ACN by ASIC. On registration of a company under Australia's Corporations Act 2001, it is issued with an ACN.
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Under Note 11 of The Commonwealth of Australia Constitution Act, The Corporations Act 2001 can be seen as still in effect. Australian Financial Services Licence (AFSL) is a legal licence provided by the Australian Securities and Investments Commission (ASIC) enabling the operation and activities of Australian financial services businesses. [1]
The Registrar has powers similar to those of the Australian Securities and Investments Commission (ASIC) for corporations registered at the national level set up by Aboriginal and Torres Strait Islander people in Australia. As of May 2021 the Registrar is Selwyn Button. [3]
Mortgage Choice is a current member of the Franchise Council of Australia [1] as well as the Mortgage & Finance Association of Australia; [2] and holds a credit licence (number 382869) issued by ASIC. [3] Mortgage Choice was listed on the Australian Securities Exchange until it was acquired by REA Group in 2021. [4]
"Structured ASIC" technology is seen as bridging the gap between field-programmable gate arrays and "standard-cell" ASIC designs. Because only a small number of chip layers must be custom-produced, "structured ASIC" designs have much smaller non-recurring expenditures (NRE) than "standard-cell" or "full-custom" chips, which require that a full ...