House of Representatives

Corporations Legislation Amendment (Derivative Transactions) Bill 2012

Explanatory Memorandum

(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)

Glossary

The following abbreviations and acronyms are used throughout this explanatory memorandum.

Abbreviation Definition
ACCC Australian Competition and Consumer Commission
AML Australian market licence (or licensee, depending upon the context used)
APRA Australian Prudential Regulatory Authority
APRA Act Australian Prudential Regulation Authority Act 1998
ASIC Australian Securities and Investments Commission
ASIC Act Australian Securities and Investments Commission Act 2001
CSFL Clearing and settlement facility licence (or licensee, depending upon the context used)
Corporations Act Corporations Act 2001
DTR Derivative transaction rules
DTRR Derivative trade repository rules
G-20 Group of Twenty (G-20) forum of 19 countries and the European Union
LI Act Legislative Instruments Act 2003
MABRA Mutual Assistance in Business Regulation Act 1992
MABRR Mutual Assistance in Business Regulation Regulations
OBPR Office of Best Practice Regulation
OTC derivatives Over-the-counter derivatives
RBA Reserve Bank of Australia
RB Act Reserve Bank Act 1959
RIS Regulation Impact Statement
TR Trade repository