APRA sets out preliminary thinking on new securitisation regime
- Monday, 22 October 2012
The Australian Prudential Regulation Authority (APRA) has outlined the conceptual context of its forthcoming new permanent regime covering securitisation in Australia. The new regime – on which APRA expects to initiate consultation early in 2013 with implementation to follow the next year – will be based on the regulator's desire to simplify securitisation rules, to facilitate funding-only issuance, and to address lessons learned about the market.