Thursday, 20 June 2013
Economics References Committee
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.