Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024 (87 of 2024)

Schedule 1   Financial market infrastructure: resolution authority

Part 2   Crisis prevention

Corporations Act 2001

30   Subsection 823CA(1)

Repeal the subsection, substitute:

(1) The Reserve Bank may do an assessment of:

(a) how well a CS facility licensee is complying with standards determined under section 827D or 827DA; or

(b) how well a related body corporate of a CS facility licensee is complying with standards determined under section 827DA.

In doing the assessment, the Reserve Bank may take account of any information and reports that it thinks appropriate, including information and reports from an overseas regulatory authority.