All posts tagged "RBA"
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354Australia & NZRBA Invites Tenders for Transaction Processing and Settlement System
The new system should be able to process SWIFT FIN messaging under ISO 20022 as well as the existing SWIFT MT throughout a three-year coexistence period.
May 26, 2020 -
245Australia & NZ‘Now is the Time’ for Banks to Use Buffers: APRA, RBA
APRA's Wayne Byres and the RBA's Philip Lowe said buffers were built up to be used in times of stress, and lower capital ratios are both expected and appropriate.
May 22, 2020 -
605Australia & NZ
Banks Sufficiently Capitalised to Pay Dividend, says RBA Governor
Australian banks are well-capitalised and have the ability to pay dividends, says RBA governor Philip Lowe. ANZ, Westpac and NAB are reportedly engaging with APRA on the issue.
April 23, 2020 -
534Australia & NZASIC, APRA Offer Best Practice Recommendations on LIBOR Transition
ASIC, APRA and the RBA warn that a failure to transition to alternative reference rates could lead to significant reputational, operational and legal risk and disrupt financial markets.
April 8, 2020 -
1.2KAML / KYCDoing What is Right: Financial Inclusion Needs Better Incentives
Tools to enable financial inclusion exist, but without positive incentives to put these into practice barriers will remain, says RUSI's Isabella Chase.
April 3, 2020 -
538Australia & NZ
APRA, RBA Announce Changes to Financial Firms’ Reporting Obligations
The agencies are standardising quarterly reporting due dates, deferring two reporting initiatives, and introducing a new reporting standard for SME lending.
April 2, 2020 -
726FeatureFed Establishes Repo Facility to Ease USD Funding Stress
Foreign central banks can temporarily exchange their US Treasury holdings with the Fed for US dollars, which can then be made available to institutions in their own jurisdictions.
April 1, 2020 -
485Australia & NZ
APRA Defers Basel III Capital Reforms by One Year
The move will allow ADIs to dedicate time and resources to maintaining their operations and supporting customers, APRA says.
March 30, 2020 -
643Australia & NZAustralia: Super Funds Seek Liquidity Backstop Facility
The government will allow individuals in financial stress to access superannuation savings, but may have underestimated the ability of super funds to meet withdrawals.
March 27, 2020 -
450Australia & NZAustralia Unveils Stage Two Economic Package Worth A$66.1b
Including the new package, a total A$189bn is being injected into the economy by 'all arms of the government' to 'help build a bridge to recovery'.
March 23, 2020
