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Australian regulators to simplify rules for securitisation
Published Thu, Nov 26, 2015 · 09:50 PM
Sydney
AUSTRALIA'S financial watchdog on Thursday proposed simplifying rules for securitisation, a move that could lower funding costs for banks and help offset rising capital costs.
The Australian Prudential Regulation Authority (APRA) said it planned to remove a "skin-in-the-game" credit risk retention requirement, while allowing for more flexibility in certain forms of securitisation.
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