Reserve Bank of Australia

Capital / Liquidity

APRA Proposes Banks Maintain Higher Self-securitised Assets

By Editors | 15/07/2021

APRA proposes that banks maintain at least 30 percent of their LCR Net Cash Outflows in self-securitised assets, separate from that used as collateral for the CLF.

APRA Wants Banks to Be Ready for Potential Negative Rates

By Ranamita Chakraborty | 14/07/2021

APRA proposes to introduce new expectations for banks requiring them to prepare for scenarios where interest rates fall to zero or turn negative.

ESG / Sustainability

Australian Regulators Flag Concerns Over Household Debt Risks

By Ranamita Chakraborty | 24/06/2021

APRA has written to large banks seeking assurances that lending standards are being maintained to prevent a buildup of risk in housing loan portfolios.

Market Infrastructure

US Fed Extends Swap Lines with Nine Central Banks

By Sanday Chongo Kabange | 20/06/2021

The Fed has extended facilities provided to the central banks of Australia, Korea, Singapore and New Zealand, among others.

Market Infrastructure

Australia to Introduce Regulatory Reforms for FMIs

By Editors | 09/06/2021

The new crisis management regime will allow the RBA to manage a failure at a domestic clearing and settlement facility, supported by a AUD 5 billion standing facility.

Fintech / Regtech

RBA to Modernise Identity, Access Management Capabilities

By Ranamita Chakraborty | 04/06/2021

The RBA has issued a tender request inviting firms to supply it technology to enhance its identity and access management capabilities.

Market Infrastructure

Westpac Becomes First Aussie Major to Issue SOFR Debt

By Editors | 28/05/2021

The bond issuance included a $300mn floating-rate bond tranche maturing in five years that was priced at a 52 basis point spread over SOFR.

AML / KYC

RBNZ Calls on Banks to Avoid De-risking Pacific Island Nations

By Ranamita Chakraborty | 03/05/2021

The RBNZ and RBA are working with Pacific Island nations to develop a regional KYC facility, to support businesses in meeting their compliance obligations.

RBNZ, RBA, Bank of Canada Form Network to Foster Indigenous Inclusion

By Ranamita Chakraborty | 01/05/2021

Other central banks are encouraged to join the network, which will serve as a community of practice to share knowledge and foster indigenous inclusion.