This report was produced by the Corporations and Markets Advisory Committee. View further information about the Committee and it's other publications.
The functions of the Advisory Committee, as identified in the enabling legislation, include advising and making recommendation to the Federal Attorney-General on reforming the national scheme laws and improving the efficiency of financial markets. The Committee sees part of this mandate as determining whether these markets operate in compliance with the highest goberning standards, and are supported by appropriate legislation. To achieve these goals, the Committee seeks to stimulate and lead the debate on standard enhancement and to propose suitable regulatory reform. This Report of the Committee is in furtherance of these functions.