Abbreviations

Abbreviations

ABA

Australian Banking Association

ACCC

Australian Competition and Consumer Commission

AFA

Association of Financial Advisers

AFCA

Australian Financial Complaints Authority

AFSL

Australian financial service license

AICD

Australian Institute of Company Directors

ALRC

Australian Law Reform Commission

ANAO

Australian National Audit Office

APRA

Australian Prudential Regulation Authority

ARITA

Australian Restructuring and Insolvency Turnaround Association

ASBFEO

Australian Small Business and Family Enterprise Ombudsman

ASC

Australian Securities Commission

ASIC

Australian Securities and Investments Commission

ASIC Act

Australian Securities and Investments Commission Act 2001

ASX

Australian Securities Exchange

Banking Act

Banking Act 1959

CAANZ

Chartered Accountants Australia and New Zealand

committee

Senate Economics References Committee

COO

Chief Operating Officer

Corporations Act

Corporations Act 2001

corporations law

The Australian Securities and Investments Commission Act 2001 and the Corporations Act 2001

CCDA Scheme

Compensation for Detriment due to Defective Administration Scheme

CDPP

Commonwealth Director of Public Prosecutions

CRIS

Cost Recovery Implementation Statement

CSLR

Compensation scheme of last resort

EDR

External dispute resolution

EU

Enforceable undertaking

ESA

Enforcement Special Account

FAR

Financial Accountability Regime

FOI

Freedom of information

FRAA

Financial Regulator Assessment Authority

FSC

Financial Services Council

FSI

Financial System Inquiry

Greywolf

Greywolf Resources NL

ICA

Insurance Contracts Act 1984

IFM

Industry Funding Model

IPA

Institute of Public Accountants

IPA

Institute of Public Affairs

IPO

Initial public offering

Law Council

Law Council of Australia

LIA

Life Insurance Act 1995

Medical Indemnity Act

Medical Indemnity (Prudential Supervision and Product Standards) Act 2003

NCCP Act

National Consumer Credit Protections Act 2009

PJCCFS

Parliamentary Joint Committee on Corporations and Financial Services

PGPA Act

Public Governance, Performance and Accountability Act 2013

PTAG

Prime Trust Action Group

Royal Commission

Royal Commission into Misconduct in the Banking, Superannuation and Financial Services

RSA Act

Retirement Savings Account Act 1997

SBDC

Small Business Development Corporation

SFAG

Sterling First Action Group

SIS Act

Superannuation Industry (Supervision) Act 1993

SIT

Stirling Income Trust

SIAA

Stockbrokers and Investment Advisors Association

SNLL

Sterling New Life Lease