APRA confirms eased LCR regime for offshore-branch ADIs
- Monday, 01 September 2014
The Australian Prudential Regulation Authority (APRA) confirmed on September 1 that it plans to ease the liquid-assets regime for branches of foreign banks registered as authorised deposit-taking institutions (ADIs). KangaNews exclusively revealed earlier the same day that the Australian regulator was poised to reduce the liquidity coverage ratio (LCR) requirement and effectively to loosen asset-class restrictions for this category of ADI.