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The Corporations Act 2001 sets up a uniform approach to the regulation of financial services through a uniform licensing and disclosure regime. The general regulatory position is that a person (whether an individual or corporate entity) carrying on a financial services business in Australia must, unless exempted, hold an Australian financial services licence (AFSL) issued by ASIC.
The visa policy of Australia deals with the requirements that a foreign national wishing to enter Australia must meet to obtain a visa, which is a permit to travel, to enter and remain in the country. [1] A visa may also entitle the visa holder to other privileges, such as a right to work, study, etc. and may be subject to conditions.
Regulation of the financial system in Australia is split mainly between the Australian Securities & Investments Commission (ASIC) and Australian Prudential Regulation Authority (APRA). ASIC has responsibility for market integrity and consumer protection and the regulation of certain financial institutions (including investment banks and finance ...
The Corporations and Financial Services Commission was renamed and its role expanded as the Australian Securities and Investments Commission (ASIC) to deal with market integrity, consumer protection and corporations. APRA was established on 1 July 1998 under the Australian Prudential Regulation Authority Act 1998.
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 ]
Australia: Australian Prudential Regulation Authority (APRA) ; Australian Securities and Investments Commission (ASIC) ; Australian Financial Complaints Authority (AFCA) Austria: European Central Bank through European Banking Supervision ; Financial Market Authority (FMA) Azerbaijan
Visa requirements for Australian passport holders are administrative entry restrictions by the authorities of other states placed on citizens of Australia entering with an Australian passport. As of 2025, Australian citizens had visa-free or visa on arrival access to 189 countries and territories, ranking the Australian passport 6th in the ...
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]