2.1 Performance objectives
ASIC’s performance reporting in 2019–20 was guided by ASIC’s Corporate Plan 2019–23 and our 2019–20 Portfolio Budget Statement, which set out our objectives and targets related to investor and consumer trust and confidence, and fair and efficient markets.
In particular, we aim to achieve our key performance outcome, as stated in the Portfolio Budget Statement, of ‘improved confidence in Australia’s financial markets through promoting informed investors and financial consumers, facilitating fair and efficient markets and delivering efficient registry systems’.
We aim to do this by:
- pursuing enforcement outcomes
- undertaking supervision and surveillance
- engaging with consumers and industry stakeholders
- providing guidance, input into law reform, and financial capability education.
These regulatory tools are used to achieve our vision of ensuring a fair, strong and efficient financial system for all Australians.