FSI submissions part five: structured finance

A number of submissions to Australia's financial system inquiry (FSI) encourage the government to play a role in the further development of the country's structured-finance market, noting the important role of securitisation in particular as a supporter of competition in the financial sector. Master trusts, the covered-bond issuance cap, Australia's limited range of regulatory high-quality liquid assets (HQLAs) and capital relief for securitisation also feature.