Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Jim Chalmers MP)Glossary
This Explanatory Memorandum uses the following abbreviations and acronyms.
Abbreviation | Definition |
AASB | Australian Accounting Standards Board |
ADI | Authorised deposit-taking institution |
AFCA | Australian Financial Complaints Authority |
AGM | Annual general meeting |
ALRC | Australian Law Reform Commission |
APRA | Australian Prudential Regulation Authority |
ASIC | Australian Securities and Investments Commission |
ASIC Act | Australian Securities and Investments Commission Act 2001 |
ASX | ASX Limited |
AUASB | The Auditing and Assurance Standards Board |
Bill | Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 |
CCIV | Corporate collective investment vehicle |
CFR | Council of Financial Regulators |
CFR Advice to Government | Financial Market Infrastructure Regulatory Reforms: Advice to Government from the Council of Financial Regulators, July 2020 |
Corporations Act | Corporations Act 2001 |
Corporations Regulations | Corporations Regulations 2001 |
COVID-19 | The coronavirus known as COVID-19 |
CS facility | A clearing and settlement facility as defined in section 768A of the Corporations Act 2001 |
CS service | A clearing and settlement service as defined in section 828 of the Corporations Act 2001 |
FMI | Financial Market Infrastructure |
FMI entity | An entity, typically a licensed entity, that forms part of Australia's financial market infrastructure. |
ISSB | The International Sustainability Standards Board |
Legislation Act | Legislation Act 2003 |
NGER | National Greenhouse and Energy Reporting |
NGER Act | National Greenhouse and Energy Reporting Act 2007 |
PPSA | Personal Property Securities Act 2009 |
PPSA security interest | Personal Property Security Act security interest |
PSN Act | Payment Systems and Netting Act 1998 |
RB Act | Reserve Bank Act 1959 |
RBA | Reserve Bank of Australia |
The Treasury | The Department of the Treasury |