The Australian Securities and Investments Commission (ASIC) is responsible for monitoring and promoting market integrity and consumer protection in relation to the Australian financial system.

Question

Quizplus · Accepted Answer

The statement is correct. The ASIC is Australia's corporate, markets, financial services regulator and consumer credit regulator. It aims to maintain and improve the performance of the financial system and to promote investor confidence in financial markets.

The Australian Securities and Investments Commission (ASIC) Is Responsible for Monitoring