APRA finalises FAQ on liquidity treatment of deposits with settlement service providers
Summary
The Australian Prudential Regulation Authority (APRA) has issued a letter to Minimum Liquidity Holding authorised deposit-taking institutions concerning the liquidity treatment of deposits placed with settlement service providers (SSPs). This letter addresses feedback received and finalises the Frequently Asked Questions (FAQ) related to the treatment of such deposits. The letter and the finalised FAQ are available on the APRA website.
(Source:The National Tribune)