No concessions for internal or external securitisation in APRA's latest NSFR release

The Australian Prudential Regulation Authority (APRA) released its latest discussion paper on the local interpretation of the net stable-funding ratio (NSFR) for banks on March 31. The paper includes proposed treatments for a raft of assets and liabilities, with particular focus on – but no sign of concessions for – internally and externally securitised assets.