Section 903F — Corporations Act 2001: Matters to which ASIC has regard when making rules

In considering whether to make a derivative trade repository rule, ASIC: (a) must have regard to: (i) the likely effect of the proposed rule on the Australian economy, and on the efficiency, integrity and stability of the Australian financial system; and (ii) the likely regulatory impact of the proposed rule; and (b) may have regard to any other matters that ASIC considers relevant. Note: Matters that ASIC may have regard to under paragraph (b) may, for example, include: (a) any relevant international standards and international commitments; and (b) matters raised in consultations (if any) under section 903G.