Summary
Amends the:
Corporations Act 2001
to: enable the minister to prescribe a certain class of derivatives (in relation to a mandatory obligation); require the Australian Securities and Investments Commission to then issue a derivatives transaction rule for participants transacting in the prescribed class of derivatives; require any such rule to be consented to by the minister; and introduce a licensing regime for trade repositories; and
Australian Prudential Regulation Authority Act 1998
,
Australian Securities and Investments Commission Act 2001
,
Mutual Assistance in Business Regulation Act 1992
and
Reserve Bank Act 1959
to make consequential amendments.