# Au asic regulatory compliance
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Assess compliance with the Australian Securities and Investments Commission (ASIC) regulatory framework.

Assess compliance with the Australian Securities and Investments Commission (ASIC) regulatory framework. Covers all major ASIC-regulated obligations: Australian Financial Services Licence (AFSL) general obligations under s 912A Corporations Act 2001 (Cth) (efficient/honest/fair, risk management, conflicts of interest, responsible managers, financial resources, professional indemnity insurance); responsible lending conduct under the National Consumer Credit Protection Act 2009 (Cth) including unsuitable credit assessment, BNPL reforms effective 10 June 2025, and hardship obligations; Design and Distribution Obligations (DDO) under Part 7.8A — target market determinations, distribution conditions, significant dealing notifications, and review triggers; Internal Dispute Resolution (IDR) under ASIC RG 271 — complaint timeframes (30/21/45 days), written IDR responses, complaints register, AFCA referral obligations, and biannual IDR data reporting; breach reporting under s 912DAA — reportable situations, 30-day lodgement, significant breach thresholds, and the 2023 modification for repeat circumstances; market integrity rules — continuous disclosure (Part 6CA), insider trading (Part 7.10), and manipulation; sustainability/climate reporting obligations (mandatory from 1 July 2026 for large entities); and ASIC enforcement risk profiling (2024–2025 priorities: greenwashing, DDO, predatory lending, financial hardship, cyber security). Generates COMPLIANT / PARTIAL / NON-COMPLIANT findings with CRITICAL / HIGH / MEDIUM / LOW risk tiers, clause-level remediation language, penalty exposure estimates, and a prioritised compliance roadmap. Use when auditing AFS licensees, credit licensees, responsible entities, managed investment scheme operators, securities dealers, superannuation trustees, financial advisers, insurance providers, BNPL providers, or any entity regulated by ASIC under the Corporations Act 2001, ASIC Act 2001, or NCCP Act 2009. Jurisdiction: Australia (Commonwealth — federal). Enforced by ASIC, AFCA (EDR), and the Financial Services and Credit Panel (adviser disciplinary body).

This skill assesses the practices, policies, agreements, and operational systems of ASIC-regulated entities for compliance with the major ASIC regulatory frameworks. **Covers:** - **AFSL obligations** — s 912A Corporations Act 2001 general obligations (efficient, honest, and fair; adequate risk management; conflicts of interest; responsible managers; compensation arrangements; financial resources; professional indemnity insurance) - **Responsible lending conduct** — NCCP Act 2009: unsuitable credit assessment, reasonable inquiries, verification, hardship (s 72 National Credit Code), and BNPL reforms (from 10 June 2025) - **Design and Distribution Obligations (DDO)** — Part 7.8A Corporations Act: target market determinations (TMDs), distribution conditions, significant dealing notifications, review triggers, and product intervention powers (Part 7.9A) - **Internal Dispute Resolution (IDR)** — ASIC RG 271: complaint timeframes, written IDR response requirements, complaints register, AFCA referral, and biannual IDR data reporting (updated December 2025 handbook) - **Breach reporting** — s 912DAA Corporations Act: reportable situations, 30-day lodgement, significant breach analysis, repeat-circumstance extension (90 days from October 2023) - **Market integrity rules** — continuous disclosure (Part 6CA, ASX Listing Rule 3.1 [VERIFY]), insider trading (Part 7.10), market manipulation, and short-selling reporting - **Sustainability and climate reporting** — mandatory from 1 July 2026 for Group 1 entities; ASIC RG 280 (published March ...

## Jurisdictions

Australia



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