Australia's Restrictions on Trade in Financial Services
Staff research paper
Australia's Restrictions on Trade in Financial Services by Greg McGuire was released on 19 November 1998. The paper identifies and classifies government regulations affecting financial services in Australia, which potentially may restrict trade in them. It also quantifies the restrictiveness of these measures. The paper uses a framework similar to the General Agreement on Trade in Services (GATS) schedule for financial services, but provides a more comprehensive and detailed listing of measures than the GATS. Also see:
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CONTENTS
Preliminaries
Cover, Copyright, Preface, Contents, Abbreviations, Summary
1 Introduction
2 Restrictions on trade in financial services
2.1 The GATS framework
2.2 Prudential and non-prudential measures
2.3 An approach to identifying and classifying restrictions
3 Australia’s financial services measures
3.1 Identifying and classifying Australia’s measures
3.2 Australia’s measures as limitations on market access and national treatment
3.3 Entry requirements for financial service providers
3.4 Administration and funds management of public sector superannuation schemes
3.5 Workers’ compensation insurance
4 Quantifying Australia’s financial services measures
4.1 Applying an index to Australia’s financial services measures
4.2 Results for Australia
4.3 Some qualifications
4.4 Further research
Appendix A Australia’s limitations on market access for financial services
Appendix B Australia’s limitations on national treatment for financial services
References
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