Legal
APRA Update: Clarity welcome on liquidity, but uncertainty remains in key areas – KPMG
From 1 January 2015,the minimum liquidity holdings (MLH) to be held by ADIs will be tied to their ability to pass a 30-day stress test, and their preparedness for an APRA liquidity audit. This will impact most ADIs that currently calculate their liquidity as 9% of liabilities and usually provide…
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