Australian Securitisation 2015: securitisers respond positively to APS 120

Speaking at Australian Securitisation 2015 – the annual conference of the Australian Securitisation Forum (ASF) – market participants confirmed that the revised draft regulatory regime for the industry marks a significant step towards a larger market for Australian issuers. The latest iteration of APS 120 was released on November 26, and the Australian Prudential Regulation Authority (APRA)'s Sydney-based general manager, Patrick Brennan, addressed the conference on December 1.