Model ban adds A$375m to Australian securitisation capital

New rules on securitisations introduced by the Australian watchdog this year contributed to an added A$375 million ($284.45) in aggregate capital charges at the country’s four largest banks.

The Australian Prudential Regulation Authority (Apra) implemented APS 120, a new regime for capitalising securitisations, on January 1, which prevents dealers from using internal models to calculate their capital requirements. 

As a result, securitisation capital charges grew significantly at Australia’s

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here