Australian Securities & Investments Commission (ASIC) About
Graduate Opportunities
services and consumer credit regulator.
with rotations across four business areas.
ASIC is Australia's integrated corporate, markets, financial ASIC offers an 18-month graduate program in Sydney,
ASIC is an independent Australian Government body. They Graduates in the law stream are involved in the following: are set up under and administer the Australian Securities - Collecting and analysing evidence, preparing court and Investments Commission Act 2001 (ASIC Act), and documents and liaising with counsel carry out most of their work under the Corporations Act.
- Involvement in high-profile criminal and civil matters
ASIC's role under the ASIC Act is to:
- Assessing compliance and misconduct reports
- Working to implement important law-reform initiatives
- Maintain, facilitate and improve the performance of the - Involvement in conducting compliance surveillances financial system and entities in it
- Contributing to policy development and implementation
investors and consumers in the financial system
information and data
procedural requirements
Australia's equity capital markets
information it receives
You can find more information here:
- Promote confident and informed participation by - Researching, analysing and summarising complex - Administer the law effectively and with minimal - Reviewing corporate finance transactions relating to - Receive, process and store, efficiently and quickly,
- Make information about companies and other bodies https://careers.asic.gov.au/Graduate-program.html?in_organId= available to the public as soon as practicable
- Take whatever action it can, and which is necessary, to Fun Fact / Recent Project enforce and give effect to the law.
Mayfair 101
What kind of work?
Federal Court against companies in the Mayfair 101 group
In September 2020, ASIC obtained interim orders in the
The Chief Legal Office is the primary source of legal advice and their director. ASIC alleges that the group has been to the Commission and legal services across ASIC.
involved in breaches of the corporations legislation, and
Employees are involved in the following types of work:
management of its affairs that gives rise to a risk to the
there is a justifiable lack of confidence in the conduct and
- Providing advice and guidance on complex regulatory public that warrants protection. In particular, ASIC alleges matters
that Mayfair 101 raised $67 million from investors based
responsibility for ASIC
Liquidators of Mayfair 101 are due to provide a report
- Advising on enforcement matters
the Court will consider solvency and the likely return to
- Investigating law reform and new areas of regulatory on false representations that they would be fully secured. - Conducting ASIC’s litigation
Location
All capital cities
42
to the Court by the end of September, at which point creditors if the company is wound up.