SYDNEY, April 2 -- Australian Prudential Regulation Authority issued the following media release:
The Australian Prudential Regulation Authority (APRA) has released a letter to Minimum Liquidity Holdings (MLH) authorised deposit-taking institutions (ADIs) on the liquidity treatment of deposits placed with settlement service providers (SSPs).
The letter seeks to clarify the treatment of deposits placed with SSPs.
APRA invites stakeholder feedback on the draft FAQ. The letter to industry is available on the APRA website at: Liquidity treatment of deposits placed with settlement service providers
Disclaimer: Curated by HT Syndication....