House of Representatives

Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024

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


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