ASX Compliance is responsible for monitoring and enforcing compliance with ASX operating rules, with the exception of ASX Group's own listing, which is monitored and enforced by ASIC.
The Australian Securities and Investments Commission
The Australian Securities and Investments Commission (ASIC) is responsible for the supervision of real-time trading on Australia's domestic licensed markets, including those operated by ASX Group. ASIC is also responsible for enforcing the laws against misconduct on Australia's financial markets, as well as supervising Australian Financial Services Licence holders. More information about ASIC can be found here: http://www.asic.gov.au
The Reserve Bank of Australia
The Reserve Bank of Australia (RBA) has responsibility for assessing whether licensed clearing and settlement facilities, including those operated by ASX Group, have complied with its Financial Stability Standards and done all other things necessary to reduce systemic risk. More information about RBA can be found here: http://www.rba.gov.au
By overseeing compliance with ASX operating rules, promoting standards of corporate governance among Australia’s listed companies and helping to educate retail investors, ASX Compliance strives to assure deep, transparent markets; informed, confident investors; and clear, efficient regulation procedures.
Information on ASX Compliance's role in monitoring and enforcing compliance with its operating rules can be found at ASX Compliance.
General information about the regulatory framework for Australia's financial system, including for the Council of Financial Regulators, can be found here: http://www.rba.gov.au/fin-stability/reg-framework/index.html