Briefs: CBA launches RMBS, ASIC cancels forex company's licence 17 February 2015 4:43PM Banking Day staff Briefs, Commonwealth Bank has launched an issue of residential-mortgage backed securities, seeking A$1 billion in funds. Medallion Trust Series 2015-1 is backed by a portfolio of loans with an average loan-to-valuation ratio of 59.8 per cent and an average loan size of $298,149. Investment loans account for 23.6 per cent of the portfolio and interest only loans account for 17.5 per cent. The Australian Securities and Investment Commission has cancelled the financial services licence of a foreign exchange company, Enfinium Pty Ltd. ASIC was concerned that the company, which operates a margin foreign exchange business, did not have adequate risk management systems. In Particular, Enfinium did not keep records of execution delays. The company appointed administrators last October.