Regulatory responses to the global financial crisis: An Australian perspective

点击翻译按钮获取中文摘要

Disclosure underpins all capital markets regulation, but increasing transactional complexity and the way drafting is done reduce disclosure. Plain English Transaction Summaries will greatly assist investors to assess risk accurately and help markets to work. This legislation will enhance our capital markets efficiency and reduce contagion from foreign investments, thereby enhancing the resilience of our financial infrastructure. The second limb will serve to strengthen the financial architecture of our region. It will thus support the Australian economy (given our dependence on exports to the region) and will also promote our understanding of the region.