No need for repo CCP in Australia, RBA says

Central bank says no financial stability case, and costs would be high

australia-fundraising
RBA: no mandated repo CCP

The Reserve Bank of Australia (RBA) has decided not to "actively promote" the creation of a central counterparty (CCP) for repos, saying it does not see a "financial stability case" for such an institution.

In a report published on October 28, the RBA sets out its conclusions on the costs and benefits of a repo CCP, following a consultation launched in March this year. Ultimately the central bank decided the benefits appeared limited and the costs could be high.

"Given the participation

To continue reading...

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: