Bank funding options increased under revised Australian securitisation framework

australia-fundraising-dollars

The recent proposal to relax the Australian securitisation framework will make it easier for banks to use this as a funding source, a decision which has been welcomed by banks given the expected pick-up in consumer credit growth in 2014, according to market participants.

The Australian Prudential Regulation Authority (Apra) proposed changes to the current securitisation framework APS 120 at the start of November seeking to simplify compliance for transactions for funding-only purposes.

Apra also

To continue reading...

You must be signed in to use this feature.

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 indvidual account here: