You will not be surprised to hear that Australia is not in this category; indeed, Australia scores a very high mark on most of these factors and thus should be in a very secure position. But we can never be complacent.
The changes to clearing systems have received far less attention than those to trading systems, but their long-term consequences likely are more profound. Such critical parts of the “plumbing” as the agreements between the futures clearing houses and the settlement banks have been clarified and put on a much sounder footing.