Document ID: chunk:federal_register_of_legislation:C2025C00185:section:902a
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 902A
Character Range: 3531651–3532516

902A  ASIC to supervise licensed derivative trade repositories
 (1) ASIC has the function of supervising licensed derivative trade repositories.
 (2) If a licensed derivative trade repository is wholly or partly operated in a foreign country, ASIC may, to such extent as ASIC considers appropriate, perform the function of supervising the repository by satisfying itself:
 (a) that the regulatory regime that applies in relation to the repository in that country provides for adequate supervision of the repository; or
 (b) that adequate cooperative arrangements are in place with an appropriate authority of that country to ensure that the repository will be adequately supervised by that authority.

Division 4—Regulation of licensed derivative trade repositories: derivative trade repository rules

Subdivision A—Power to make derivative trade repository rules