Explanatory Memorandum
(Circulated by authority of the Minister for Financial Services and Regulation, the Honourable Joe Hockey, MP)Abbreviations
The following abbreviations are used in this explanatory memorandum.
| ABA | - | Australian Bankers Association |
| ABS | - | Australian Bureau of Statistics |
| ADI | - | Authorised Deposit-taking Institution |
| APRA | - | Australian Prudential Regulation Authority |
| APRA Act | - | Australian Prudential Regulation Authority Act 1998 |
| Banking Act | - | Banking Act 1959 |
| FCA | - | Financial Corporations Act 1974 |
| ISC | - | Insurance and Superannuation Commission |
| NOHC | - | Non-operating holding company |
| ORR | - | Office of Regulation Review |
| RBA | - | Reserve Bank of Australia |
| Reserve Bank Act | - | Reserve Bank Act 1959 |
| RIS | - | Regulation Impact Statement |
| RSA Act | - | Retirement Savings Accounts Act 1997 |
| SIS Act | - | Superannuation Industry (Supervision) Act 1993 |