In considering whether to make a derivative transaction rule, ASIC:
(a) must have regard to:
(i) the likely effect of the proposed rule on the Australian economy, and on the efficiency, integrity and stability of the Australian financial system; and
(ii) the likely regulatory impact of the proposed rule; and
(iii) if the transactions to which the proposed rule would relate would be or include transactions relating to commodity derivatives--the likely impact of the proposed rule on any Australian market or markets on which the commodities concerned may be traded; and
(b) may have regard to any other matters that ASIC considers relevant.
Note: Matters that ASIC may have regard to under paragraph (b) may, for example, include:
(a) any relevant international standards and international commitments; and
(b) matters raised in consultations (if any) under section 901J.