Committees drive our core functions
AFMA has an extensive network of member committees that help us to carry out three core functions:
- Facilitate the smooth operation of Australia's financial markets.
- Promote effective regulation of Australia's financial markets.
- Enhance the competency of financial markets participants through specialised training and accreditation.
Who can join committees?
Staff of our members who have the required industry experience, expertise, and decision making authority are eligible to join the three main types of committees and working groups. Generally, these people will be nominated by their firm.
Market Committees ensure the efficient operation of Australia's OTC markets by managing their conventions, practices and documentation. For more detail on how they operate, view the Market Committee Rules.
Operations Committees deal with the operational aspects of financial transactions, such as transactional confirmation, settlement, reconciliation and risk management. For more detail on how they operate, view the Operations Committee Guidelines.
Policy Committees consider a wide range of existing and proposed legislation and advise the Board on the position AFMA should take with governments and regulators.
Market Committees are elected by market participants every two years. Membership of policy and operations committees is open to AFMA Financial Markets Members who can contribute to the work of the committees. Partner Members may be invited to join policy committees if they have particular expertise in the issues being considered.
Scroll over the diagram below for more detail on each of our committees. If you are interested in joining one, please contact us for more information.
Interest Rate Options
Negotiable & Transferable Instruments
Business Line Committees
Contracts for Difference
Financial Markets Compliance
Heads of Compliance
Financial Products Taxation
State & Employment Taxes
Women in Financial Markets
Learning & Development