Licensing: Administrative action against financial services providers outlines
how ASIC will use administrative remedies to enforce compliance of
Australian financial services (AFS) licensees, and their
representatives, with the law. It is also targeted at consumers about
financial services, explaining how ASIC seeks to protect the public and
reinforce the integrity of the industry.

The guide indicates the matters ASIC takes into
account in determining whether administrative action is the most
appropriate regulatory response (rather than civil or criminal action). It also provides some indicative
guidance on the kinds of factors ASIC will consider when determining
the length of a banning order, including examples of relevant
misconduct for illustration.