ANZ moves into the Basel III world 26 October 2012 5:23PM ANZ is moving away from high risk and highly capital intensive activities in response to the new Basel III regulatory requirements. read more
ASIC tells EDR schemes to get a move on 25 October 2012 5:00PM External dispute resolution services must look for ways to speed up their processes and also assess whether they have the right staff, says ASIC, following complaints about the way EDR currently work.. read more
RMBS issuers question APRA's two-tranche plan 24 October 2012 5:42PM The Australian Prudential Regulation Authority's plan to limit issues of asset-backed securities to two tranches may make it harder for issuers to meet the needs of investors and to secure capital r.. read more
No change to contentious EDR scheme rule on legal proceedings 24 October 2012 5:34PM A rule that prohibits a lender from starting debt recovery legal proceedings against a borrower when the borrower has lodged a complaint with an external dispute resolution service is to remain in.. read more
Push to restore competitive neutrality by charging for FCS 24 October 2012 5:30PM The Government is being urged to restore competitive neutrality in the fixed income market as a first step in the development of a stronger domestic fixed income and corporate bond market. read more
More investors needed for junior RMBS 23 October 2012 5:22PM Banks may have to look for a wider range of investors for the junior tranche of mortgage-backed and asset-backed securities if APRA proceeds with plans to re-fashion the regulations that apply to thi.. read more
RBA fosters better RMBS disclosure 23 October 2012 5:20PM Issuers of residential mortgage-backed securities will have to provide more detailed information about their transactions and present it in a standard format, following the introduction of new RMBS.. read more
Analysts debate the meaning of increased provisions at NAB 23 October 2012 5:16PM Analysts are divided in their response to NAB's decision that it will add $A250 million to its collective provision as at September 30. read more
Homeloans expands its non-conforming portfolio 22 October 2012 5:10PM Specialist mortgage lender Homeloans reports good sales for a range of non-conforming loans it launched 12 months ago. read more
Analysts wary of business loan loss blowout 19 October 2012 5:31PM Business loan losses will the "swing factor" in this year's bank results season and could be the source of lower than expected earnings in the results to be announced over the next few weeks. read more