Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.5A - REGULATION OF DERIVATIVE TRANSACTIONS AND DERIVATIVE TRADE REPOSITORIES  

Division 4 - Regulation of licensed derivative trade repositories: derivative trade repository rules  

Subdivision C - The process of making derivative trade repository rules  

SECTION 903F   903F   MATTERS TO WHICH ASIC HAS REGARD WHEN MAKING RULES  


In considering whether to make a derivative trade repository rule, ASIC:


(a) must have regard to:


(i) the likely effect of the proposed rule on the Australian economy, and on the efficiency, integrity and stability of the Australian financial system; and

(ii) the likely regulatory impact of the proposed rule; and


(b) may have regard to any other matters that ASIC considers relevant.

Note: Matters that ASIC may have regard to under paragraph (b) may, for example, include:

  • (a) any relevant international standards and international commitments; and
  • (b) matters raised in consultations (if any) under section 903G .

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