Full details and the application form can be found here:
The ASF has submitted a comment letter to the US regulators relating to the re-proposed rules for credit risk retention for securitisations issued to US investors. Our letter seeks to highlight differences between US and Australian residential mortgage underwriting practices and the potential negative impact the US credit retention rules may have on Australian RMBS issuers. Click here to read the letter. Please contact Chris Dalton if you wish to discuss this matter.
The findings of a survey, prompted by IOSCO in to benchmark reference rates, are now available.
Following extensive industry engagement, RBA has finalised ahead of 2014 its requirements with respect to eligible collateral reporting. We thank the RBA and ASF members for the constructive and productive manner in which vital work was conducted.