Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon Scott Morrison MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
Abbreviation | Definition |
AAT | Administrative Appeals Tribunal |
AFSL | Australian financial services licence |
APRA | Australian Prudential Regulation Authority |
ARC | Administrative Review Council |
ASIC | Australian Securities and Investments Commission |
ASIC Levy Bill | ASIC Supervisory Cost Recovery Levy Amendment Bill 2017 |
BAB | Bank accepted bill |
BBSW | Bank bill swap rate |
Bill | Treasury Laws Amendment (2017 Measures No. 5) Bill 2017 |
CFR | Council of Financial Regulators |
Commission | Productivity Commission |
Corporations Act | Corporations Act 2001 |
Cost Recovery Act | ASIC Supervisory Cost Recovery Levy Act 2017 |
Criminal Code | The Criminal Code set out in the Schedule of the Criminal Code Act 1995 |
Guide | A Guide to Framing Commonwealth Offences, Infringement Notices and Enforcement Powers, issued by the Attorney-General's Department |
ICCPR | International Covenant on Civil and Political Rights |
IOSCO | International Organization of Securities Commissions |
IOSCO Principles | Principles for Financial Benchmarks, IOSCO |
Legislation Act | Legislation Act 2003 |
LIBOR | London Interbank Offered Rate |
NCD | Negotiable certificate of deposit |
Productivity Commission Act | Productivity Commission Act 1988 |
Regulatory Powers Act | Regulatory Powers (Standard Provisions) Act 2014 |