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

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 indvidual account here: