ASIC stands for Australian Securities and Investments Commission. It is an independent Australian government body that regulates financial services, markets, and corporations. ASIC's role is to protect consumers,
investors, and the community from financial fraud, misconduct, and market abuse.
In relation to
CoreProp, ASIC is responsible for ensuring that CoreProp complies with all relevant laws and regulations. This includes ensuring that CoreProp provides accurate and timely information to investors, that it does not engage in misleading or deceptive conduct, and that it has adequate systems and controls in place to protect investors' money.