Market entity compliance system
The market entity compliance system (MECS) is an online regulatory compliance portal that provides market entities with tools and information to assist them in complying with a number of their regulatory obligations.
- Who can use MECS?
- What can I use MECS for?
- What forms can be lodged electronically?
- How do I gain access to MECS?
- Further information
MECS is available to the following market entities:
- Market participants: a participant admitted under the operating rules of a financial market operated by a licensed market operator;
- Market operators: an entity licensed under section 795B of the Corporations Act 2001 (Cth) (Corporations Act) to operate a financial market;
- Clearing and settlement facility operators: an entity licensed under section 824B of the Corporations Act to operate a clearing and settlement facility; and
- Derivative trade repository operators: an entity licensed under section 905C of the Corporations Act to operate a derivative trade repository.
In the portal, the term 'market entity' is collectively used to refer to market participants, market operators and clearing and settlement facility operators and derivative trade repositories.
You can use MECS to:
- submit enquiries, applications and notifications with easy-to-use forms
- respond to notices recorded in MECS
- monitor the status of your submissions
- manage your organisation's contact information
- manage your organisation's portal users and their access permissions
- see a calendar of reminders for certain regulatory obligations and their due dates
- record a range of interactions with ASIC, and
- access links to useful regulatory resources and news and announcements from ASIC.
A range of commonly used forms relevant to market entities are available to be lodged electronically within MECS. The number of available forms will increase over time.
If you are an employee or representative of an existing market entity and you require MECS access, please speak to your organisation's MECS administration user. If you do not know who the MECS administration user is, please contact your ASIC relationship manager.
If your organisation is new to MECS then your ASIC relationship manager will arrange for MECS accounts to be established.
There is a range of support material available on the MECS portal including: frequently asked questions, user guides and interactive training modules.
If you need more information on MECS please contact the MECS administration user for your market entity or speak to your ASIC relationship manager.