Regulatory AlertsAPG 120 Securitisation
The Australian Prudential Regulation Authority issued this guide to assist authorised deposit-taking institutions in complying with Prudential Standard APS 120 regarding securitisation activities. It outlines requirements for significant credit risk transfer, separation between institutions and special purpose vehicles, and mandatory disclosure practices. The document further details capital adequacy rules, including operational requirements for external credit assessments and due diligence on underlying collateral.
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