Competition review supports push for covered bonds
Bankers have found an ally in their campaign to have the Australian Prudential Regulation Authority drop its ban on the issue of covered bonds by Australian banks. The House of Representatives Standing Committee on Economics has included a recommendation in its report on banking competition that Treasury examine the appropriateness and feasibility of allowing local ADIs to issue the controversial securities..
Fri Nov 2008 05:11 (1 month, 1 week ago)
TheSheet.com
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TheSheet.com
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