All posts tagged "RBA"
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82Australia & NZAPRA Announced Further Reduction in Committed Liquidity Facility
If outstanding government securities continue to increase beyond 2021, the CLF may no longer be required in the foreseeable future, APRA says.
January 7, 2021 -
275Australia & NZASIC Probes Market Participants for Possible Best Execution Failures
ASIC is concerned Chi-X as an alternative venue did not see more trading activity during ASX's November outage, as would be expected given participants' best execution duty to clients.
December 22, 2020 -
245Australia & NZAustralia’s Domestic Payment Organisations Propose to Amalgamate
Australia's eftpos, BPAY Group and NPPA will be preserved as distinct operations under a single Board with a shared roadmap for innovation and investment.
December 18, 2020 -
277Australia & NZAustralian Regulators Launch Cyber Resilience Testing Framework
The 'CORIE' framework will initially run as an industry pilot programme, consisting of a small number of systemically important FIs.
December 10, 2020 -
792Australia & NZ
APRA Grants TransferWise Licence to Directly Access NPP
Access to Australia's real-time payments system will enable TransferWise to reduce foreign exchange fees and wholesale banking costs.
December 1, 2020 -
712Australia & NZAustralia Gets New Guidance for Internal Auditors in Financial Services
The Better Practice Guide was developed by industry practitioners with APRA and ASIC serving as vocal observers and EY and KPMG providing secretariat support.
November 29, 2020 -
389Australia & NZRBA Speeds Up Timeline for Higher HQLA Holdings by Banks
Initially planned to be achieved through a gradual increase until 2024, the RBA said banks can increase their holdings of HQLA to 30 percent by end-2021.
November 26, 2020 -
404Australia & NZ
APRA Finalises Revisions to EFS Reporting Standards
Based on market feedback, the implementation date of the changes for most of the standards has been moved forward three months to the reporting period ending 30 September 2021.
November 25, 2020 -
1.0KAustralia & NZ
APRA Announces A$35b Reduction in Committed Liquidity Facility
Five banks applied for a reduction, reducing the aggregate CLF allocated to banks from A$223bn at 1 January 2020 to A$188 billion.
November 6, 2020 -
516Australia & NZ
RBA Cuts Cash Rate to Record Low, Confirms More Bond-buying
The official cash rate is expected to remain at 0.1 for three years. The RBA will also buy A$100bn of government bonds over the next six months.
November 4, 2020
