2.Topic 2 - Company Regulators in Australia

Task

The following bodies play a role in the regulation of companies in Australia:

• The Australian Securities and Investments Commission(ASIC)
• TheAustralian Securities Exchange (ASX)
• The Takeovers Panel
• The Financial Reporting Council
• The Australian Accounting Standards Board
• The Auditing and Assurance Standards Board
• The Corporations and Markets Advisory Committee (CAMAC)

In your report, please ensure that you:

• Explain the legislation pursuant to which each of the above organisations was established (if any);
• Explain the roles and functions of each of the above organisations; and
• Include references and a bibliography.