Media Release

ASIC Registry Competitive Tender Process Begins

MC 32/15

Senator the Hon. Mathias Cormann
Minister for Finance

24 June 2015

The Government will soon call for registrations of interest as we test the market on the ability of a private operator to upgrade, operate and add value to the registry functions of the Australian Securities and Investments Commission (ASIC).

This is the first step in a competitive process to explore whether a private operator is better placed to run the ASIC Registry and take on the necessary investment in technology to enhance customer service.

In considering a private operator, the Government will also take into account its strong preference for the ASIC Registry to maintain its existing operations in Traralgon, Victoria.

The Government will also retain ownership of the ASIC Registry’s base data. 

Registrations of interest open on 29 June 2015 and are due by 4pm Australian Eastern Standard Time on Monday 27 July 2015. 

Further information will be available on the Department of Finance’s website: http://www.finance.gov.au/ from 29 June 2015.   

[ENDS]

Media Contact(s): 

Karen Wu - 0428 350 139

Senator the Hon Mathias Cormann, Minister for Finance, Perth