These gave the responsible minister the power, on the advice of the regulators, to determine particular products for mandatory trade reporting, central clearing or platform trading. They also gave ASIC the power to elaborate on the details of any such obligations by setting derivative transaction rules.
Our technical staff has worked extremely hard over the last three days to produce a very comprehensive and analytically rigorous report. I would like to thank them all for the very good job that they have done. Fellow Governors, you have already received a brief on the issues in the technical report from your own technical officials this morning.