Glossary Β· Australia
ASIC (Australian Securities and Investments Commission)
Definition
Australia's corporate, markets, and financial-services regulator, overseeing the ASX and company law, including the rules for employee share schemes.
Why it matters for a secondary
ASIC-administered company law is what an Australian employee tender like Canva's has to comply with, particularly the disclosure exemptions that let private companies run share sales without a full prospectus.
Frequently asked questions
Does "ASIC (Australian Securities and Investments Commission)" apply the same way everywhere in Asia-Pacific?
No. Each market in this glossary has its own regulator, corporate forms, and rules β this term is specific to Australia. Check the linked market page for the fuller picture.
Is this legal or financial advice?
No. This is orientation for investors and allocators, not legal or financial advice. Confirm current rules with a licensed adviser in the relevant market before acting on anything here.