ASIC tells EDR schemes to get a move on

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

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

More investors needed for junior RMBS

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

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 wary of business loan loss blowout

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