Terms of reference

The Australian Securities and Investment Commission (ASIC), the Australian Prudential Regulatory Authority (APRA) and the Reserve Bank (collectively the Regulators) published a report titled Report on the Australian OTC Derivatives Market (the Report) in October 2012.  The report made a number of recommendations considering how the Australian Government should implement its G-20 Commitments in relation to over the counter (OTC) derivatives.

The Government has not finalised its view of these recommendations. This paper seeks stakeholder views on the proposed approach, and the final Government position will incorporate the feedback provided by stakeholders in response.

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