![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhHk4Wp3XeDLsiwLGQrLey-TNLt9cWjO5tUEHJlBFltwCM-dyjzbgsnqrqcKJn6JZSGeZsUoJTSkKp5zsDNGDdVNiuihgqumN3Y4YoY2KgqDGkiKnZACj36ruWIcBaKRXrpVorILwfA0gUL/s1600/australia.gif)
The
Australian Treasury has published for comment the legislation that will provide a new framework for the regulation of financial benchmarks in Australia: see
here. In brief, the administrators of significant benchmarks will need to obtain a licence and comply with new requirements.
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