SYDNEY, June 2 -- Australian Prudential Regulation Authority issued the following media release:
The Australian Prudential Regulation Authority (APRA) has released a letter to Minimum Liquidity Holding authorised deposit-taking institutions on the liquidity treatment of deposits placed with settlement service providers (SSPs).
This letter responds to feedback and finalises the FAQ relating to the treatment of deposits placed with SSPs.
The letter to industry is available on the APRA website at: Finalisation of FAQ on treatment of deposits placed with settlement service providers.
Disclaimer: Curated by HT Syndication.