Navigation: Previous Page | Contents | Next Page
List of Recommendations
Recommendation 1
3.44 The committee recommends that the Australian
Prudential Regulation Authority continue its consultation with stakeholders on
the product dashboard with a view to considering:
- a requirement
that the investment return target be net of investment and administration fees
in proposed subsection 1017BA(2)(a) of the Corporations Act 2001;
- how best to
quantify the likelihood of a negative return as part of the risk measure in
proposed subsection 1017BA(2)(c) of the Corporations Act 2001;
- a clear
definition of the liquidity measure in proposed subsection 1017BA (2)(d) of the Corporations Act 2001; and
- the options to
minimise discrepancies between the information in the product dashboard and the
information contained in the new short product disclosure statement regime.
Recommendation 2
5.23 The committee
recommends that the bill be passed.
Navigation: Previous Page | Contents | Next Page
Top
|