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.
Monday, 3 July 2017
Australia: the regulation of financial benchmarks
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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