Objective 1.1

Ease of movement of people, capital, services and data across borders

Action 1.1F

The Government will finalise the development of the Corporate Collective Investment Vehicles Legislation.

Department of the Treasury

Industry
recommendation/s
Description
Government response
Related Action/s
12C

Prioritise passage of the Corporate Collective Investment Vehicle Bill as a recognised investment vehicle that can be marketed under the Asia Region Funds Passport.

Agreed-in-principle

Progress to date

Australian collective investment schemes can now be exported and the schemes of other member countries can be imported through the Asia Region Funds Passport. Australia is working with other members to increase awareness and encourage use of the Passport by industry.