Senate debates

Thursday, 20 June 2013


Economics References Committee

11:53 am

Photo of John WilliamsJohn Williams (NSW, National Party) Share this | | Hansard source

I, and also on behalf of Senators Cameron and Milne, move:

That the following matter be referred to the Economics References Committee for inquiry and report by 31 March 2014:

The performance of the Australian Securities and Investments Commission (ASIC), with particular reference to:

(a) ASIC's enabling legislation, and whether there are any barriers preventing ASIC from fulfilling its legislative responsibilities and obligations;

(b) the accountability framework to which ASIC is subject, and whether this needs to be strengthened;

(c) the workings of ASIC's collaboration, and working relationships, with other regulators and law enforcement bodies;

(d) ASIC's complaints management policies and practices;

(e) the protections afforded by ASIC to corporate and private whistleblowers; and

(f) any related matters.

Question agreed to.