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CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.5A - REGULATION OF DERIVATIVE TRANSACTIONS AND DERIVATIVE TRADE REPOSITORIES    View history reference

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

Subdivision C - The process of making derivative trade repository rules    View history reference

SECTION 903F  

903F  MATTERS TO WHICH ASIC HAS REGARD WHEN MAKING RULES  

 View history reference
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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