Child Protection – Annual child safety statement of compliance

ASIC is committed to promoting and maintaining a culture that does not permit or tolerate child abuse and provides a safe environment for children.

ASIC is the integrated corporate, markets, financial services and consumer credit regulator. Our primary purpose is to administer the Australian Securities and Investments Commission Act 2001 (ASIC Act). We carry out most of our work under the Corporations Act.

The nature of ASIC’s work means there is limited interaction with children across the scope of its activities and functions. For example, ASIC may intermittently interact with children in person during occasional community outreach work and the online education work of our consumer education team.

Given the nature of the interactions and current controls, ASIC has assessed the risk to child safety as Low. ASIC’s annual risk assessment takes into consideration how interactions with children may change as ASIC’s operating environment evolves. Situational assessments continue to shape and inform ASIC’s understanding of potential risk exposures.

ASIC conducts baseline security clearances of all prospective staff, including criminal history screening through the National Police Checking Service as part of pre-assessment security checks. Further, a Working with Children Certification is a requirement for prospective employees who will have contact with children and young people (e.g. certain consumer education employees).

The processes used to manage risk have been embedded across ASIC. This includes through ongoing education, built in elements within our risk assessment templates and regular reviews and updating of the ASIC Child Safety Policy and Child Safety Risk Profile. These activities occur under the auspice of the compliance management framework.

In 2025/26 ASIC will work to further improve the application of the Child Safety Framework requirements, implement control measures and training, and review new activities for potential Child Safety risks.