Positive outcome for Kangaroos as APRA releases final GPS120 [UPDATED]
- Wednesday, 25 June 2008
Optimism regarding the eventual treatment of Kangaroo bonds in the new version of Australian Prudential Regulation Authority (APRA)’s GPS120 standard for general insurers has proved well founded, as Kangaroos will now be re-allowed as “assets in Australia” from July 1.
